For Sale: 401-403 Water Street E, Cornwall, ON - REW
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$530,000
0 bd ba 4195 sf Multifamily

401-403 Water Street ECornwall, ON, K6H 1A6

  • 0 Bed
  • Bath
  • 4195 Sqft
  • Multifamily

About this home

Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. (id:63626)
Listed by: JOEL DINELLE, Salesperson, ROYAL LEPAGE PERFORMANCE REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,262
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
44 ft x 60 ft (2683 ft²)
Depth
60 feet
Frontage
44.8 feet
Heating Type
Baseboard heaters
Agent details
Primary Agent
JOEL DINELLE
Primary Broker
ROYAL LEPAGE PERFORMANCE REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13765952
Source
Canadian Real Estate Association
Board
Cornwall & District Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Central Public School
  • Public
  • JK - 6
Citadelle School
  • Catholic
  • 7 - 12
Immaculate Conception School
  • Catholic
  • JK - 6
Cornwall Collegiate
  • Public
  • 7 - 12
St Columban's Catholic Elementary School
  • Catholic
  • JK - 8
ÉEP L'Héritage
  • Public
  • 7 - 8
St. Matthew School
  • Catholic
  • 9 - 12
Bridgewood Public School
  • Public
  • JK - 6
St Lawrence School
  • Public
  • 7 - 12
É Élém C Marie-Tanguay
  • Catholic
  • JK - 6
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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