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$ 815,000
Est. payment /mo
Active
501 Fifth ST W Cornwall, ON K6J 2V7
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12339637
Annual Tax Amount $2,171
Tax Year 2025
Property Sub-Type Investment
Property Description
5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 103.0
Lot Depth 49.0
Building
Building Age 100+
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.