For Sale: 225 Louisa Street, Cornwall, ON - REW
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$764,900
11 bd • 6 ba • 3500 - 4999 sf • Multifamily
225 Louisa Street
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$764,900
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225 Louisa StreetCornwall, ON, K6H 4P9

  • 11 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:63626)
Listed by: TAYLOR GINGRAS, Salesperson, RE/MAX AFFILIATES MARQUIS LTD.

Home facts and features

Price details
List Price
$764,900
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Gross Taxes for 2025
$4,623
Home facts
Bedrooms
11
Full Bathrooms
6
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
90 feet
Frontage
50.0 feet
Exterior Finish
Wood
Heating Type
Baseboard heaters, Forced air, Electric, Natural gas
Basement Details
Partially finished, Full
Agent details
Primary Agent
TAYLOR GINGRAS
Primary Broker
RE/MAX AFFILIATES MARQUIS LTD.
Listing details
Days on REW
8 Days
MLS® Number
X13192728
Source
Canadian Real Estate Association
Board
Cornwall & District Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Citadelle School
  • Catholic
  • 7 - 12
ÉEP L'Héritage
  • Public
  • 7 - 8
Immaculate Conception School
  • Catholic
  • JK - 6
Central Public School
  • Public
  • JK - 6
St Lawrence School
  • Public
  • 7 - 12
Bridgewood Public School
  • Public
  • JK - 6
Cornwall Collegiate
  • Public
  • 7 - 12
St. Matthew School
  • Catholic
  • 9 - 12
ÉEP Rose des Vents
  • Public
  • JK - 6
St Columban's Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
TAYLOR GINGRAS
Phone:
(613) 577-1888
Office:
613-938-8100
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.