Salehian.com 647-325-5000

225 Louisa Street

717 - Cornwall, Cornwall, K6H 4P9

$730,000

Reduced $34,900 from $764,900

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  • 11 bedrooms
  • 6 bathrooms
  • 4 parking
  • 3500-5000 sq ft

Listed 145 days ago · MLS® X13192728

About this home

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 $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. 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.

Details

Type
Multiplex
Style
2-Storey
Size
3500-5000 sq ft
Lot
50 × 90 ft
Basement
Full, Partially Finished
Garage
None
Kitchens
6
Property tax
$4,623 (2025)
Neighbourhood
717 - Cornwall
Municipality
Cornwall

Interior

Bedrooms
11 above ground
Bathrooms
6 × 4-piece
Rooms
29 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Wood
Roof
Shingles
Foundation
Concrete
Faces
West

Parking

Total parking
4

Lot

Size
50 × 90 ft

More

Possession
TBA
Cross street
Montreal rd and Walton St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 7 cafés and restaurants, 7 parks, 3 pharmacies. Nearest grocery: Food Basics (650 m). Nearest park: Aimé Leblanc Park (250 m).

Schools nearby

Elementary

  • Bishop MacDonnell Catholic School Catholic
    EQAO: Gr 6 reading 64%, math 19%    1.3 km
  • Central Public School
    EQAO: Gr 6 reading 66%, math 17%    1.4 km
  • École élémentaire publique Rose des Vents French
    EQAO: Gr 6 reading 92%, math 67%    1.8 km
  • St. Peter's School Catholic
    EQAO: Gr 6 reading 80%, math 67%    1.9 km

Secondary

  • École secondaire catholique La Citadelle French
    EQAO: Gr 9 math 66%, literacy test 92%    10 min walk
  • École secondaire publique L'Héritage French11 min walk
  • TR Leger School - Cornwall12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K6H

Owners / renters
55% / 45%
Median household income
$61,200
Average age
45
Children under 15
16%
Homes
51% detached, 6% high-rise
Commute by transit
3%
Population
30,440

Languages spoken most at home besides English: Urdu 1.3%, Punjabi (Panjabi) 0.4%, Tamil 0.3%, Arabic 0.3%.

Safety

Crime Severity Index for Cornwall police: 97 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX AFFILIATES MARQUIS LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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