1/26212 MC CONNELL AVENUE, Cornwall
212 MC CONNELL AVENUE, Cornwall, ON K6H4L3
$369,000 total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
86%
About this property
Attention Investors! This clean and well-maintained duplex in the desirable Le Village District generates $3,220/month and offers strong rental potential. Conveniently located near parks, public transit, schools, shopping, recreation, and the St. Lawrence River, this fully occupied property is an excellent addition to any investment portfolio. Main Level Unit: 2 Bedrooms Rented at $1660/month + utilities. Upper Level Unit: 2 Bedrooms Rented at $1560/month + utilities. In-suite laundry in each unit. One parking space is provided per unit at the rear of the building. Please Note: A minimum of 24 hours' notice is required for all showings. Don't miss out on this solid income-generating property! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$15K
Annual cash flow
$-6K
Cash-on-cash
-5.00%
DSCR
0.73
Going-in cap
4.04%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
112,492
Households
47,717
Median income
$89,000
Median age
42.7
Daytime population
173,743
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 212 MC CONNELL AVENUE, Cornwall.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.