An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.
This Fourplex located at 705 Walton Street, Cornwall, ON K6H 1T8 is currently for sale and has been available at Kash Invest for 2 days. This property, in the city of Cornwall and 717 - Cornwall neighborhood, is listed at $698,000 with an estimated mortgage of $3,264* per month. It has an area of 59x100 sqft with 9 beds and 4 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.