$749,900
FOR SALE

Multiplex 2-Storey

Bedrooms: 9Bathrooms: 5Lot: 50 x 90 ft
2025 Taxes: $1,662

231 Louisa St
Cornwall, ON K6H 4P9 | 717 - Cornwall | Stormont, Dundas and Glengarry

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.
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Listed By RE/MAX AFFILIATES MARQUIS LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13178748
Last Updated May 26, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 601550046
Legal Description LT 116 PL 24; CORNWALL
Possession Date TBA
Taxes (2025) $1,662
Directions/Cross Streets Montreal Rd & Walton St
Neighbourhood 717 - Cornwall
Area Stormont, Dundas and Glengarry
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 9
Bathrooms 5
Lot 50 x 90 ft
Exterior Vinyl Siding
Air Conditioning None
Basement Full, Unfinished
Garage Type None
Heat Source Electric
Heat Type Baseboard
Sewers Sewer

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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