$2,150,000

Investment For Sale
MLS - #X12299215
22 hours ago- By CAMERON REAL ESTATE BROKERAGE

1225 Second Street, Cornwall, ON K6J 1J2

Bed
Bath
16500 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

16500 Sqft

About 1225 Second Street

17 UNIT APARTMENT, CORNWALL, ONTARIO. Looking for an attractive multi-residential investment property? This property was built by one of Cornwall's premier builders/contractors, has remained in the family since its construction and is now being brought to the market for the first time. The building has been extremely well maintained where pride of ownership is evident throughout the building and the building has great mostly longer term tenancies. The building mix consists of 9 -2 bedroom suites and 8-1 bedroom suites, and all suites have a balcony, designated exterior parking and an ensuite storage area. The building also features a coin operated laundry area for tenant use and the building has experienced over the years a very low vacancy rate due to its great convenient west end location, quality of the building and the buildings continuous maintenance program. The Estate is hoping to find an investor that will continue maintaining this property in a similar fashion. Initial viewings will be arranged for 2 typical 1 and 2 bedroom suites to potential investors subject to RTA guidelines, and the Estate supply the I/E statements to qualified investor/buyers before an offer is made or accepted. Once an offer is accepted a full inspection of the building will be provided as well as any backup information with respect to the stated building expenses a buyer may require, and the Estate requires the "as is" SPIS signed available at the L.B Office &is to be submitted with all offer(s). The Estate requires 3 full business days irrevocable to review any/all offer(s) with their lawyer as a listing condition.

Home Overview

Last updated

22 hours ago

Virtual tour

None

Basement information

Building size

16500

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
215000000.0%
Higher than average

Price Comparison

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Walk Score for 1225 Second Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Second Street

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