272 Pitt Street
Cornwall, K6J 3P6
FOR SALE
$1,549,000

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Investment
CATEGORY26.21 x 177.03
LOT SIZEX12794896
MLSIDContact Us
Property Description
CASH FLOW KING: 6-UNIT CORNERSTONE ASSET. Secure a turnkey investment at 272 Pitt St, a prime mixed-use corner asset generating a proven Net Operating Income of $104,040. This fully renovated portfolio features 4 residential apartments and 2 stable commercial anchors, all benefiting from over $450,000 in recent capital improvements. Major upgrades ensure zero deferred maintenance for the next owner, including upgraded breaker panels (separately metered), new PEX plumbing throughout, brand new hot water tanks, and a 100% electric heating system that eliminates landlord gas bills. Interiors impress with new vinyl plank flooring, modern LED lighting, and completely rebuilt kitchens and baths featuring stainless steel appliances and quartz countertops. With a solid 6.7% Cap Rate and VTB financing available for qualified buyers subject to discussions, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.
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Property Details
Address
272 Pitt Street
Community
City
Postal Code
K6J 3P6
Property Type
Investment, Investment
Use
Apartment
Zoning
CBD
Lot Size
26' x 177'
Taxes
$10,901 (2025
Heat Type
Baseboard
Water
Municipal
Garage Type
None
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Listing contracted with Valery Real Estate Inc.
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