Salehian.com 647-325-5000

603 WALTON STREET

Cornwall, Cornwall, K6H1T7

Listed by EXIT REALTY SEAWAY

$264,900

Photo 1 of 12Photo 2 of 12Photo 3 of 12Photo 4 of 12Photo 5 of 12Photo 6 of 12Photo 7 of 12Photo 8 of 12Photo 9 of 12Photo 10 of 12Photo 11 of 12Photo 12 of 12
  • 4 bedrooms
  • 2 bathrooms
  • 2 parking

Listed 26 days ago · MLS® X13827732

About this home

A great opportunity for investors or buyers looking to live in one unit while generating income from the other! This Cornwall duplex offers two 2-bedroom units, separate heating systems and plenty of flexibility. The main-floor unit has been occupied by the same tenants for approximately 14 years. They take pride in their home, maintaining a tidy unit as well as the covered front porch. In addition to the 2 bedrooms, this unit offers a recreation room in the basement plus an additional room with an egress window. Heating is provided by a forced-air natural gas furnace. The upper 2-bedroom unit is currently vacant, allowing a new owner to establish their own rent or consider owner occupancy. This unit is heated by electric baseboard and offers laundry hookups conveniently located in one of the bedrooms, along with a covered front balcony. Both units feature well-kept bathrooms with updated tub surrounds. Parking is more generous than you might expect, with room for 2 vehicles in tandem along the driveway plus space at the front where 2 vehicles can park side by side. Based on both units being rented, the property has a projected net income of approximately $19,371 annually. A versatile income property with an established main-floor tenancy and a vacant upper unit ready for its next occupant. Rent $720.00 monthly plus utilities, vacant unit $1,300.00 = Gross $24,240. Expenses. Water $1,035.12, Taxes $1,881.00, Insurance $1,955.00. Total Expenses $4,868.12 = Net Income = $19,371.86 (id:66966)

Details

Type
Duplex
Basement
Partially finished, N/A
Garage
Garage
Property tax
$1,853 (2025)
Neighbourhood
Cornwall
Municipality
Cornwall

Interior

Bedrooms
4 above ground
Fireplace
No

Heating, cooling and services

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Water and sewer
Sanitary sewer

Building and exterior

Foundation
Concrete
Outdoor
Stucco

Parking

Total parking
2
Driveway and parking
No Garage

Location

Location is approximate. See nearby homes on the map

Listed by EXIT REALTY SEAWAY.

Powered by: REALTOR.ca

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Similar homes nearby

See more in Cornwall