213 Guy Street Cornwall, Ontario K6H 4V1

$489,000

Turnkey 4-Plex Investment in Cornwall with Positive Cash Flow. A fantastic opportunity to own income-generating 4-plex in the growing community of Cornwall, Ontario. A city that continues to attract smart investors seeking affordability, stability, and upside potential. Located in a well-established neighbourhood, this purpose-built 4plex features four 2-bedroom units, each with its own front and rear entrance, separately metered utilities, and dedicated parking in the rear. Tenants enjoy the warmth of hardwood floors throughout and thoughtful, functional layouts that offer long-term livability. Even more value, both main floor units include full, unfinished basements, offering potential for added storage or finish the basement to increase value. Key Investment Features: Four 2-bedroom units. Positive monthly cash flow. All units have separate hydro meters. Hardwood flooring throughout. Front and rear entrances for each unit. Parking for each tenant. Full unfinished basements in main-level units. Low-maintenance, solid building. Why Cornwall? Affordability: One of Ontarios most affordable markets with strong rental demand. Growing Local Economy: Supported by logistics, manufacturing, and commercial development. Waterfront Community: Located along the St. Lawrence River with parks, trails, and outdoor recreation. Quick Access: Just over an hour to Ottawa or Montreal, perfect for commuters and hybrid workers, Investor-Friendly: Favourable cap rates, growing tenant base, and pro-development local policies. Whether you're a seasoned investor, looking to move in with tenants paying your mortgage, looking to expand your portfolio or a first-time multi-unit buyer, this Cornwall 4-plex checks all the boxes for long-term income, tenant appeal, and market growth. (id:19720)

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https://www.realtor.ca/real-estate/28720845/213-guy-street-cornwall-717-cornwall