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$ 698,000
Est. payment /mo
New
705 Walton ST Cornwall, ON K6H 1T8
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 717 - Cornwall
MLS Listing ID X14124732
Style 2-Storey
Bedrooms 9
Annual Tax Amount $4,433
Tax Year 2026
Property Sub-Type Fourplex
Property Description
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 4
Interior
Interior Features On Demand Water Heater
Cooling None
Fireplace No
Heat Source Electric
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 59.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.