About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13801918
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	700 sq ft
Beds / Baths	6 bed · 2 bath
Neighbourhood	717 - Cornwall
City	Cornwall
Postal Code	K6H 5G6
Province	ON
Listed Date	September 18, 2026
Days on Market	2
Price per Sq Ft	$464
Brokerage	RE/MAX AFFILIATES MARQUIS LTD.