Scout N Secure

$714,900

Map

231 Louisa Street

Cornwall, Cornwall, Ontario K6H4P9

For sale· Added

9 bed5 bath3,000–3,500 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13178748
Added
May 26, 2026 ()
Updated
Oct 9, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
2

Inside

Bedrooms
9
Bathrooms
5
Heating
Baseboard heaters, Electric, Natural gas
Cooling
None
Fireplace
No
Features
Sump Pump

Building

Basement
Unfinished, Full
Exterior
Vinyl siding
Foundation
Block
Parking
No Garage · 3 spaces

Land

Lot size
50 x 90 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Montreal Rd & Walton St
Directions
Starting from Walton st, Head south onto Louisa St, property is on the west side.

Running costs

Annual property tax (2025)
$1,662

Price history

Oct 9, 2026$714,900▼ $35,000
Sep 19, 2026$749,900First recorded price

Price changes since Sep 19, 2026.

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$714,900
231 Louisa Street
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