225 8Th Street
717 - Cornwall, Cornwall, K6J 2Z7
FOR SALE
$359,900
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6
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X13751200
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Property Description
Welcome to 225-225A 8th St W. This Duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted .This well-laid-out up/down duplex features two self-contained units. The upper unit includes 3 Bedroom, kitchen, a comfortable living area, and a 4-piece bathroom. The lower unit offers 3 Bedrooms, kitchen, living room, and 4-piece bath plus access to the half basement.Tenants pay own utilities. Long term tenants(main floor ,over 15 years)Main floor Tenants and upstairs. Good neighbourhood, walking distance to Center Town, St.Lawrence park, St Lawrence River, just a few blocks from public transit, grocery stores, banking, restaurants, and a pharmacy, this property delivers everyday convenience. This Duplex presents an excellent opportunity to grow your real estate. Both units have their own washer dryer hookups as well as separated utilities.Main floor has access to the garage ,first floor has access to the shed..Each unit is separately equipped with its own heating source, providing efficiency and ease of management.
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Property Features
None
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Property Details
Address
225 8Th Street
Community
City
Postal Code
K6J 2Z7
Property Type
Duplex, Duplex
Lot Size
48' x 120'
Taxes
$2,846 (2025
Basement
Partially Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
1
Garage Type
Detached
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Listing contracted with Exsellence Team Realty Inc.
Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice.
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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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