CAD$1,050,000

CAD$1,050,000 Asking price
320 Gleeson Avenue

Cornwall, Ontario, K6J1E3

Delisted · Terminated ·

9911(2+9)

Listing information last updated on Mon Sep 11 2023 09:48:46 GMT-0400 (Eastern Daylight Time)

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Summary

IDX6630382
StatusTerminated
PossessionFlexible / TBA
Brokered ByRIGHT AT HOME REALTY
TypeResidential Other,Multiplex
Age
Lot Size113.27 * 105.92 Feet Irregular
Land Size11997.56 ft²
RoomsBed:9,Kitchen:9,Bath:9
Parking2 (11) Detached +9

Detail

Building
Bathroom Total9
Bedrooms Total9
Bedrooms Above Ground9
Basement DevelopmentFinished
Basement TypeN/A (Finished)
Exterior FinishBrick
Fireplace PresentFalse
Heating TypeRadiant heat
Size Interior
TypeOther
Architectural StyleOther
Rooms Above Grade27
Heat SourceOther
Heat TypeRadiant
WaterMunicipal
Land
Size Total Text113.27 x 105.92 FT ; Irregular
Acreagefalse
Size Irregular113.27 x 105.92 FT ; Irregular
Parking
Parking FeaturesFront Yard Parking
Other
Internet Entire Listing DisplayYes
SewerSewer
BasementFinished
PoolNone
FireplaceN
A/CNone
HeatingRadiant
ExposureW

Remarks

9-Unit Apartment Building, Spacious Units (approx 1000 sqft) in a nice area of the city. Lots of parking available and extra income from coin operated laundry. Total of 8-two bedroom units plus 1-one bedroom unit. Brand New Roof installed 2023, Grossing just over ~$100k in revenue. Selling at a market special Cap Rate of over 5%. Potential to generate higher NOI with some units way below market rent levels. Investors must consider as lots of potential to increase its value. Tenants of units 1-8 pay their own Hydro.

The listing data is provided under copyright by the Toronto Real Estate Board.

The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RealMaster.

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Location

Province:
Ontario
City:
Cornwall
Community:
717 - cornwall
Crossroad:
First St W / Bedford St
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