Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
Key Facts:
Tax:
$4,623 / 2025
Property Type:
Multiplex
Sq. ft. size
3500-5000 sq. ft.
Lot Size:
50 x 90 feet
Lot Irregularities:
LT 114 PL 24; PT LT 115 PL 24 AS IN S309436; CORNWALL
Parking:
4 spaces
Basement:
Full, Part Fin
Listing #:
X13192728
Original Price:
$764,900
Days on Site:
161 days
Status Change:
25 days ago
Added to CiRealty:
2026-05-27
Updated on:
2026-10-09
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 225 Louisa St, Cornwall. Listed for $730,000 on 2026-05-27
Property
Property Type:
Multiplex
Style:
2-Storey
Community:
Cornwall
Municipality:
717
Inside
Bedrooms:
11
Bathrooms:
6
Bathrooms Detail:
6 × 4pc
Kitchens:
6
Rooms:
29
Family Room:
No
Den:
No
Fireplace:
No
Central Vac:
No
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
Building
Size:
3500-5000 sq. ft.
Construction:
Wood
Parking
Garage Type:
None
Total Parking Spaces:
4
Land
Sewer:
Sewers
Frontage:
50 feet
Depth:
90 feet
Cross Street:
Montreal rd and Walton St.
Property
Property Type:
Multiplex
Style:
2-Storey
Community:
Cornwall
Municipality:
717
Building
Size:
3500-5000 sq. ft.
Construction:
Wood
Parking
Garage Type:
None
Total Parking Spaces:
4
Inside
Bedrooms:
11
Bathrooms:
6
Bathrooms Detail:
6 × 4pc
Kitchens:
6
Rooms:
29
Family Room:
No
Den:
No
Fireplace:
No
Central Vac:
No
Land
Sewer:
Sewers
Frontage:
50 feet
Depth:
90 feet
Cross Street:
Montreal rd and Walton St.
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
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