231 Louisa Street

For Sale
8.05 BTC
231 Louisa Street, Cornwall
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
231 Louisa Street
9
BEDROOMS
5
BATHROOMS
5
KITCHENS
24
ROOMS
X13178748
MLSID
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Property Description
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.
Property Features
Sump Pump
Property Details
Property Type
Multiplex
Lot Size
50' x 90'
Taxes
$1,662 (2025)
Basement
Full, Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
Listing contracted with Re/Max Affiliates Marquis Ltd.
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