Property Information:

This fully furnished, income-generating duplex is now on the market; a true cash-flow machine that shows real pride of ownership. Located just steps from St. Lawrence College, restaurants, and shopping, it's perfectly positioned for steady rental demand. Inside, you'll find recently renovated kitchens and bathrooms, along with updated tile and laminate flooring throughout. Each level features front covered balconies and large enclosed back porches, plus a fully fenced yard. The garage and oversized driveway easily fit up to 7 vehicles. The main floor is heated by a forced-air gas furnace (2014), while the upper level runs on electric baseboards and a supplemental electric heater. Two owned gas hot water tanks service the building. Currently rented by the room, this property currently generates $4,800/month ($57,600 annually, all inclusive of utilities and internet). A turnkey investment opportunity with strong income from day one. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Partially finished
Basement Type: Full
Exterior Finish: Aluminum siding
Floor Space: 1500 - 2000 sqft Square Feet
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Hood Fan, Microwave, Stove, Washer

Property Features:

Property Type: Multi-family
Bedrooms: 7+1
Bathrooms: 2
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 120 Feet
Lot Frontage: 50 Feet
Lot Size: 50 x 120 FT
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 7

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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Demographic Information of 230 ALICE STREET, Cornwall, Ontario, K6H 4R9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$64,929.33

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.21 %

High school certificate or equivalent

36.57 %

Apprenticeship trade certificate/diploma

5.82 %

College/non-university certificate

22.35 %

University Degree

4.04 %

Commuter

Travel To Work

By Car

78.67 %

By Public Transit

7.18 %

By Walking

7.29 %

By Bicycle

0.0 %

By Other Methods

6.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.8 %

Houses

49.2 %

230 ALICE STREET, Cornwall, Ontario, K6H 4R9