625 Montreal Road Cornwall, Ontario K6H 1C3

None Baseboard Heaters

$699,900

Attention Investors! Newly converted legal Tri-Plex being sold vacant! Pick your tenants! Set your own rents & no rent control! Fully Renovated! Solid building with original construction 2006! Walking distance to St. Lawrence College. 3 units each with 2 bedrooms, kitchen, washer & dryer, & dishwasher hook ups. Building is turn key! Roof 5+/- years! Electrical updates & plumbing updates! Conversion 2024, 3 meters, 3 hot water heaters & all units pay own utilities. Exterior freshly painted. Final stages of construction underway & will be completed prior to closing, units will be completed to same standard & material as the current completed unit. Property Taxes & Water taxes to be determine by MPAC due to conversion from Commercial to Residential. Don't miss adding this property to your portfolio. Cash flow is an estimate of current market rents. Buyer to confirm taxes & water. 24 hours on all offers as per form 244. Seller is Broker. Building should be completed by Nov. 15th. (id:47351)

Property Details

MLS® Number 1418662
Property Type Multi-family
Neigbourhood Cornwall
ParkingSpaceTotal 4

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 2006
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Siding
FlooringType Laminate, Other
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
Type Triplex
UtilityWater Municipal Water

Parking

Gravel

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 108 Ft ,11 In
SizeFrontage 43 Ft ,1 In
SizeIrregular 43.12 Ft X 108.94 Ft (irregular Lot)
SizeTotalText 43.12 Ft X 108.94 Ft (irregular Lot)
ZoningDescription Residential

https://www.realtor.ca/real-estate/27599628/625-montreal-road-cornwall-cornwall