95 Lefebvre Avenue
717 - Cornwall, Cornwall, K6H 5G6
FOR SALE
$325,000
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6
BEDROOMS 2
BATHROOMS 2
KITCHENS 12
ROOMS X13801918
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Property Description
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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Property Features
Carpet Free, Mutual
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Property Details
Address
95 Lefebvre Avenue
Community
City
Postal Code
K6H 5G6
Property Type
Duplex, Duplex
Lot Size
27' x 109'
Taxes
$1,709 (2026
Basement
Apartment
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Re/Max Affiliates Marquis Ltd.
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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