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231 Louisa Street, Cornwall, ON K6H4P9

$749,9009Beds 5Baths 3,000Sqft

Property Overview

  • Row / Townhouse Home Type
  • 4500 Sqft Lot Size
  • NoneCommunity
  • 9 Beds
  • 5 Full Baths
  • 0 Half Baths
  • 3 Parking Space(s)
  • Property Taxes
  • 95 days Days on Market
  • X13178748 MLS® #
  • $250 Price / Sqft
  • Two Storey Style
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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.

Interior Details

See Home Description
Baseboard
0
None
Full

Exterior Details

Vinyl Siding
2
See Home Description
EPDM Membrane
Brick / Stone / Block

More Information

Property

None
See Home Description

Parking

Yes
3
No Garage

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:38:55 PM UTC.