501 Fifth Street

For Sale
8.59 BTC
501 Fifth Street, Cornwall
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
501 Fifth Street
9
BEDROOMS
5
BATHROOMS
5
KITCHENS
9
ROOMS
X12755470
MLSID
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Property Description
Well-maintained 5-unit multiplex located in the heart of Cornwall, offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, some windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential.
Property Features
Other
Property Details
Property Type
Multiplex
Lot Size
50' x 52'
Taxes
$2,139 (2025)
Basement
Unfinished
Heat Type
Other
Heat Source
Electric
Water
Municipal
Parking Spaces
5
Garage Type
None
Listing contracted with Century 21 Shield Realty Ltd.
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