$764,900
8.21 BTC
Photos
225 Louisa Street, Cornwall
$764,900
PRICE
11
BEDROOMS
6
BATHROOMS
X13192728
MLSID

225 Louisa Street, Cornwall

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 $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. 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.
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Summary

Address
225 Louisa Street
MLSID
X13192728
Property Type
Multiplex
Property Category
Bedrooms
11
Bathrooms
6
Kitchens
6
Taxes (Annual)
$4,623.00
Tax Year
2025
Published
May 27, 2026
Days on Market
6 Days
Possession Type
Flexible
Possession Details
Tba
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Exclusions

Tenant belongings.

Details

Basement
Full, Partially Finished
Interior Features
None
Parking Total
4
Architectural Style
2-Storey
Roof
Shingles
Construction Materials
Wood
Lot Width
50 Feet
Lot Depth
90 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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