231 Louisa Street

ActiveCornwall · 717 - Cornwall72 days on marketMLS® X13178748
$749,900
$250 / sq ft
Bedrooms9
Bathrooms5
Interior3,000 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market72

About this property

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13178748
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size3,000 sq ft
Beds / Baths9 bed · 5 bath
Neighbourhood717 - Cornwall
CityCornwall
Postal CodeK6H 4P9
ProvinceON
Listed DateMay 26, 2026
Days on Market72
Price per Sq Ft$250
BrokerageRE/MAX AFFILIATES MARQUIS LTD.

Location

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Listed by RE/MAX AFFILIATES MARQUIS LTD.