For sale 50$530,000
401-403 Water Street East
Cornwall, Cornwall, Ontario K6H1A6
For sale· Added
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. This property is also listed under commercial MLS#: X13765952
Location
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Property details
Listing
- MLS® number
- X13781138
- Added
- Sep 14, 2026 ()
- Updated
- Oct 6, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
Inside
- Bedrooms
- 5
- Bathrooms
- 5
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Fireplace
- No
Building
- Basement
- Crawl space
- Exterior
- Brick
- Foundation
- Concrete
- Parking
- No Garage · 4 spaces
Land
- Lot size
- 44.7 x 60 ft
- Zoning
- RES30
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Gloucester
- Directions
- Water street east, to Gloucester. Building is on water street.
Running costs
- Annual property tax
- $5,262
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