225 Louisa Street
Interior view
Interior view
13
New
Multiplex

225 Louisa Street

Cornwall, ON, K6H 4P9

Residential Freehold
Area
3500-5000 sq.ft
Bed
11
Bedrooms
Bath
6
Bathrooms
Parking
4
Single Garage

Asking Price

$764,900

Property Description

Original Remarks

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.

PROPERTY HISTORY

225 Louisa Street

Type:Multiplex
Style:2-Storey
Size Range:3500-5000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13192728
Community:717 - Cornwall
Days on Market:-
Year Built:-
Age range:-
Basement:Full, Partially Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$4,623/yr (2025)
Municipality:Cornwall
Lot Size:50.00 x 90.00 Feet

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