4
5
$630,000
1450 St Michel Avenue, Cornwall, ON K6H 3M8
Cornwall
6 bd
4 ba
3,000 sf
4
1 months on marketMLS® X13654790
Listing courtesy of EXSELLENCE TEAM REALTY INC.
Cornwall · K6H 4P9
$749,900
$250 / sq ft3 months on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 88% of comparable multiplex listings in Cornwall are asking less.
Based on 24 comparable active multiplex listings in Cornwall. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $749,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of EXSELLENCE TEAM REALTY INC.
$630,000
Cornwall
Listing courtesy of EXSELLENCE TEAM REALTY INC.
$630,000
Cornwall
Listing courtesy of EXSELLENCE TEAM REALTY INC.
$600,000
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Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.
$895,000
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Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.
$764,900
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Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.
