$3,500,000
Available - For Sale
Listing ID: X13046294
822 Marlborough Street North , Cornwall, K6H 4B4, Stormont, Dundas
| This brand-new twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply.Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-storey waterslide, and whirlpool.Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities. |
| Price | $3,500,000 |
| Taxes: | $21165.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 822 Marlborough Street North , Cornwall, K6H 4B4, Stormont, Dundas |
| Postal Code: | K6H 4B4 |
| Province/State: | Stormont, Dundas |
| Directions/Cross Streets: | Ninth St E at Marlborough St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 12000.00 |
| Total Area Code: | Square Feet |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Vacancy Allowance: | 1800 |
| Net Income Before Debt: | $177635 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY |
|
|
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Tax: | $21,165 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
