21 Arthur Street
717 - Cornwall, Cornwall, K6H 4G4
FOR SALE
$329,900
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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X13870134
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Property Description
Two - 2 bedroom duplex with excellent long term tenants. Upstairs tenants have been there 9 years. Main floor tenants have been there 3 years. Good shingles and good furnace which is being maintained and serviced every year. Each unit has their own hot water tank and their own 125 amp breaker panel.Tenants take care of snow. Each unit also has their own garden shed section in rear yard and a storage unit underneath the rear staircase. Main floor unit has been renovated throughout. Excellent cap rate investment.
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Property Features
Fenced Yard, Level, Park, Public Transit, Water Heater Owned, Smoke Detector, Parking, Shower Stall
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Property Details
Address
21 Arthur Street
Community
City
Postal Code
K6H 4G4
Property Type
Duplex, Duplex
Zoning
Residential
Lot Size
22' x 132'
Taxes
$2,266 (2026
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Exsellence Team Realty Inc.
Welcome to 412 McConnell Ave, a cash flow positive investment, situated on a generous 130 ft deep lot. Offering two existing tenanted units with a combined annual rental income of $28,634.76, this property provides an established income stream for its next owner, with one of the units subsidized by Cornwall Housing. Conveniently located close to Cornwall Community Hospital, schools, parks, grocery stores & everyday shopping, with Cornwall Transit service nearby for easy access throughout the city.
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WELL-MAINTAINED OWNER OCCUPIED DUPLEX duplex that has been in the same family since 1955. The main-floor owner's unit is vacant, in very nice condition, and has been extremely well maintained - first by the parents and then by their son. The main floor features two bedrooms, a 4-piece bathroom, forced-air gas heating, and a renovated kitchen. It retains most of the original trim and hardwood floors. The main-floor unit has access to portion of the basement and the main floor apt features a private front and rear porch, a private yard, and a detached heated garage workshop - a hobbyist's dream. The second-floor two-bedroom apartment is leased and requires appropriate notice for all showings. Seller requires SPIS signed & submitted with all offer(s) and 1 full business day irrevocable to review any/all offer(s) with the Estate's Lawyer.
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MAIN FLOOR UNIT VACANT END OF SEPTEMBER, UPPER LEVEL UNIT RENTED AT MARKET VALUE. This well maintained duplex offers two 2 bedroom units, making it an excellent opportunity for investors or owner occupiers. The main floor unit includes a partially finished basement, providing additional living space and flexibility. Rear laneway access with parking adds convenience, while efficient gas heating keeps operating costs manageable. Ideally located close to transit and everyday amenities, the property supports strong rental demand and long term investment potential. Financial information is available upon request. Please allow 24 hours' notice for all viewings.
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A great opportunity for investors or buyers looking to live in one unit while generating income from the other! This Cornwall duplex offers two 2-bedroom units, separate heating systems and plenty of flexibility. The main-floor unit has been occupied by the same tenants for approximately 14 years. They take pride in their home, maintaining a tidy unit as well as the covered front porch. In addition to the 2 bedrooms, this unit offers a recreation room in the basement plus an additional room with an egress window. Heating is provided by a forced-air natural gas furnace. The upper 2-bedroom unit is currently vacant, allowing a new owner to establish their own rent or consider owner occupancy. This unit is heated by electric baseboard and offers laundry hookups conveniently located in one of the bedrooms, along with a covered front balcony. Both units feature well-kept bathrooms with updated tub surrounds. Parking is more generous than you might expect, with room for 2 vehicles in tandem along the driveway plus space at the front where 2 vehicles can park side by side. Based on both units being rented, the property has a projected net income of approximately $19,371 annually. A versatile income property with an established main-floor tenancy and a vacant upper unit ready for its next occupant. Rent $720.00 monthly plus utilities, vacant unit $1,300.00 = Gross $24,240. Expenses. Water $1,035.12, Taxes $1,881.00, Insurance $1,955.00. Total Expenses $4,868.12 = Net Income = $19,371.86
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Duplex with great cash flow! Generating a gross revenue of $32700.00. Main floor has 3 bedrooms and tenant is paying $1550 plus utilities (including garage space) This unit has a gas furnace. Upstairs is 2 bedrooms and is heated with electric baseboards. The tenant is paying $1175 plus utilities. The seller has maintained the building very well over the years. The duplex is close to all amenities and the St. Lawrence College. Property Tax is $2226, Insurance is $2006, Water is $1648, Hot water tank rental is $544.62
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Excellent Investment & Owner-Occupier Opportunity in Cornwall! Discover this fantastic, well-maintained duplex presenting a great opportunity for investors and homeowners alike. The property features two distinct 2-bedroom, 1-bathroom units, each offering a spacious living space and a functional kitchen. Situated on a large lot, this property boasts ample parking for multiple vehicles and significant outdoor space perfect for gardens and a play area. With a low-maintenance exterior, you can spend more time enjoying the benefits of ownership. Its location offers convenient access to local amenities, schools, transit routes, and major highways, making it highly desirable for tenants.
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