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$530,000

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401-403 Water Street East

Cornwall, Cornwall, Ontario K6H1A6

For sale· Added

4,195 sqft

About this home

Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings.

Location

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Property details

Listing

MLS® number
X13765952
Added
Sep 10, 2026 ()
Updated
Oct 6, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Heating
Baseboard heaters
Cooling
None
Fireplace
No

Land

Lot size
44.72 x 60 ft
Zoning
RES30

Services

Water
Municipal water

Location

Cross streets
Gloucester
Directions
Water street east, to Gloucester. Building is on water street.

Running costs

Annual property tax
$5,262

Ask about this home

$530,000
401-403 Water Street East
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