REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment /mo
Active
501 Fifth ST W Cornwall, ON K6J 2V7
472 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 472 sqft
Price per Sqft $2,012
Subdivision 717 - Cornwall
MLS Listing ID X12339637
Building Age 100+
Annual Tax Amount $2,171
Tax Year 2025
Property Sub-Type Investment
Property Description
5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Zoning Res20
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 103.0
Lot Depth 49.0
Listed by RE/MAX AFFILIATES MARQUIS LTD.