map icon

625 Montreal Rd

Montreal RdLe VillageCornwallON, K6H 1C3

-
Beds
-
Baths
$799,900
List Price
625 Montreal Rd, Cornwall, ON - 1 of 3
625 Montreal Rd, Cornwall, ON - 2 of 3
625 Montreal Rd, Cornwall, ON - 3 of 3
New
18 days on market

Quick Summary

  • Newly converted legal Tri-Plex with no rent control
  • Fully renovated building with 2006 original construction
  • Walking distance to St. Lawrence College
  • 3 units with 2 bedrooms, kitchen, washer/dryer, dishwasher
  • Building is turn-key with roof under 5 years old
  • Electrical and plumbing updates completed
  • Exterior freshly painted, final construction underway
  • Estimated 5.6% cap rate based on current market rents

Attention Investors! Newly converted legal Tri-Plex being sold vacant! Pick your tenants! Set your own rents & no rent control! Fully Renovated! Solid building with original construction 2006! Walking distance to St. Lawrence College. 3 units each with 2 bedrooms, kitchen, washer & dryer, & dishwasher hook ups. Building is turn key! Roof ... Show More

Attention Investors! Newly converted legal Tri-Plex being sold vacant! Pick your tenants! Set your own rents & no rent control! Fully Renovated! Solid building with original construction 2006! Walking distance to St. Lawrence College. 3 units each with 2 bedrooms, kitchen, washer & dryer, & dishwasher hook ups. Building is turn key! Roof 5+/- years! Electrical updates & plumbing updates! Conversion 2024, 3 meters, 3 hot water heaters & all units pay own utilities. Exterior freshly painted. Final stages of construction underway & will be completed prior to closing, units will be completed to same standard & material as the current completed unit. Property Taxes & Water taxes to be determine by MPAC due to conversion from Commercial to Residential. Don't miss adding this property to your portfolio. Cash flow is an estimate of current market rents. Buyer to confirm taxes & water. Estimated rental income creates a cap rate of 5.6%. 24 hours on all offers as per form 244. Seller is Broker (id:54626)

Property Details

Parking

4 Parking Spaces
Gravel

Lot

Size
517′0″ * 1307′0″
Acres
-

Build

Year Built
2006
Model Name
-
Basement
Finished
Exterior
Siding
Foundation
-
Builder Name
-
Stories
2
Flooring
Laminate, Other
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
SHOW LESS

Source

Listing Brokerage

MLS® Listing
1411326
Last Updated
October 15, 2024
Brokerage
ASSIST-2-SELL AND BUYERS REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

Sold Nearby

107 Louisa St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
107 Louisa St
$XXX,XXX
Cornwall, ON, K6H 4P7
  • 1,740 Sq. Ft.
  • 4
  • 2
208 Louisa St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
208 Louisa St
$XXX,XXX
Cornwall, ON, K6H 4P8
  • 1,251 Sq. Ft.
  • 3
  • 2
214 Alice St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
214 Alice St
$XXX,XXX
Cornwall, ON, K6H 4R7
  • 2
  • 2
25 Louisa St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
25 Louisa St
$XXX,XXX
Cornwall, ON, K6H 4P5
  • 852 Sq. Ft.
  • 1
  • 1
207 Louisa St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
207 Louisa St
$XXX,XXX
Cornwall, ON, K6H 4P9
  • 1,450 Sq. Ft.
  • 3
  • 1
111 Prince Arthur St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
111 Prince Arthur St
$XXX,XXX
Cornwall, ON, K6H 4N6
  • 1,016 Sq. Ft.
  • 2
  • 1
4 Park St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
4 Park St
$XXX,XXX
Cornwall, ON, K6H 1K2
  • 1,100 Sq. Ft.
  • 2
  • 1
22 Prince Arthur St, Cornwall, ON
Sold Listing
Get verified. Local real estate boards require email verification.
22 Prince Arthur St
$XXX,XXX
Cornwall, ON, K6H 4N4
  • 815 Sq. Ft.
  • 2
  • 2

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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.