$895,000
For sale: Multiplex

Welcome to a well-situated 6-unit multiplex offering strong income potential and outstanding convenience for both investors and tenants alike. This property features a desirable unit mix with three renovated 2-bedroom, 1-bathroom units and three 1-bedroom, 1 bathroom units, each complete with their own kitchen and family room areas. Offered with one vacant unit available upon possession, this is the perfect opportunity for an investor looking to live in the property while generating rental income, or to set their own market rent from day one. Situated in a highly walkable location, tenants will enjoy being just steps from everyday amenities and entertainment including grocery stores, restaurants, Tim Hortons, fast food, shopping, Galaxy Cinemas, and more. Whether you are looking to expand your investment portfolio or secure a versatile income-generating property with owner-occupancy potential, this offers location, flexibility, and long-term value in one attractive package.
Sold data
Multiplex homes in Cornwall took a median of 45 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 76, across 77 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $399,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 77 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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