225 Louisa Street
717 - Cornwall, Cornwall, K6H 4P9
FOR SALE
$764,900

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BEDROOMS6
BATHROOMS6
KITCHENS29
ROOMSX13192728
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Property Description
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
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Property Features
None
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Property Details
Address
225 Louisa Street
Community
City
Postal Code
K6H 4P9
Property Type
Multiplex, Multiplex
Lot Size
50' x 90'
Taxes
$4,623 (2025
Basement
Full, Partially Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Affiliates Marquis Ltd.
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