231 Louisa Street Cornwall, ON K6H 4P9
Listing Courtesy of:  CREA / Re/Max Affiliates Marquis Ltd.

  231 Louisa Street Cornwall, ON K6H 4P9

Active
$749,900 (CAD)
9
BED
5
BATH

Description

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:41440)

MLS®:
X13178748
Taxes
$1,662(2025)
Type
Multifamily
County
Stormont, Dundas and Glengarry United Counties

Listed By

Taylor Gingras, Re/Max Affiliates Marquis Ltd.
Source
CREA
Last checked May 27 2026 at 2:13 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Lot Information
  • Sump Pump
Property Features
  • Foundation: Block
Heating and Cooling
  • Baseboard Heaters
  • Natural Gas
  • Electric
  • None
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 3
  • No Garage
Stories
  • 2
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/26/26 19:13