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.
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
- 39 days |
- 7 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
RE/MAX AFFILIATES MARQUIS LTD.
Source: TRREB,MLS®#: X13178748
Originating 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
Nearby schools
GreatSchools rating
- 5/10Saint Regis Mohawk SchoolGrades: PK-5Distance: 3.8 mi
- 3/10Salmon River Middle SchoolGrades: 6-8Distance: 10.1 mi
- 4/10Salmon River High SchoolGrades: 9-12Distance: 10.1 mi
- Ontario
- Stormont, Dundas and Glengarry
- Cornwall
- K6H 4P9
- 231 Louisa St






