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Royal LePage
Royal LePage
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$300,000

616 MONTREAL ROAD, Cornwall, Ontario, K6H 1C2

MLS® # X13017800

Cornwall ON, K6H 1C2

MLS® # X13017800

Property Information:

Excellent investment opportunity with this well-located duplex offering strong income potential and low operating complexity. The main floor features a bright, open-concept bachelor unit, designed for efficient living and easy maintenance. The upper unit consists of a comfortable 1-bedroom apartment, providing a functional layout that appeals to long-term tenants. Both units are heated with electric baseboard systems and are separately metered, allowing tenants to pay their own utilities, keeping operating costs predictable for the owner. The rear of the property contains a large parking area with 8 spaces. Located on Montreal Road with easy access to amenities, transit, and shopping, this property is an ideal addition to any investment portfolio or a great entry point for new investors. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 700 - 1100 sqft Square Feet
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 1
  • Bathrooms: 2
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 69 Feet
  • Lot Frontage: 54 Feet
  • Lot Size: 54 x 69 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 616 MONTREAL ROAD, Cornwall, Ontario, K6H 1C2

Demographic Information of 616 MONTREAL ROAD, Cornwall, Ontario, K6H 1C2

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 %

Own Vs. Rent

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