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For sale
  • C$749,900

    231 Louisa St, Cornwall, ON K6H 4P9

    9beds
    5baths
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    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.
    39 days
    |
    7
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX AFFILIATES MARQUIS LTD.

    Source: TRREB,MLS®#: X13178748MLS LogoOriginating MLS®#: Cornwall and District Real Estate Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Living area range: 3000-3500 null

      Property

      Parking
      • Total spaces: 3
      Features
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 4,500 Square Feet
      Details
      • Parcel number: 601550046
      • Other equipment: Sump Pump

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Block
      • Roof: Membrane

      Utilities & green energy

      • Sewer: Sewer

      Community & HOA

      Location
      • Region: Cornwall

      Financial & listing details

      • Annual tax amount: C$1,662
      • Date on market: 5/26/2026
      RE/MAX AFFILIATES MARQUIS LTD.

      RE/MAX AFFILIATES MARQUIS LTD.

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        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: K6H

        Getting around

        79 / 100
        Very Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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