121 Baldwin Avenue
About this property
Excellent opportunity to enter the investment market with this well-maintained duplex located in a central downtown location. The property offers two self-contained units, each featuring 2 bedrooms and 1 bathroom, providing strong and consistent rental appeal. The main floor unit is heated by a newer forced-air gas furnace, while the second-floor unit is heated by an owned gas wall heater. Both tenants pay their own utilities, helping keep operating expenses low and predictable for an investor. Recent improvements include a newer rear staircase and deck serving the upper unit, and a detached garage adds additional storage or potential income opportunity. The location is a notable advantage, with commercial properties situated behind and beside the building, offering increased privacy during evenings and weekends-a rare benefit for a downtown property. Income Summary: Gross Annual Rental Income: $22,500 Net Operating Income: $14,100 per year. This property provides steady income today with future upside through rent growth, making it an ideal starter investment or a solid addition to an existing portfolio.
Features & finishes
Property details
| MLS® Number | X12689586 |
| Status | Sold |
| Listing Type | For Sale |
| Property Type | Multi-Family |
| Interior Size | 1,100 sq ft |
| Beds / Baths | 4 bed · 2 bath |
| City | Cornwall |
| Postal Code | K6H 4J1 |
| Province | ON |
| Listed Date | June 2, 2026 |
| Brokerage | RE/MAX AFFILIATES MARQUIS LTD. |
Location
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