REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment /mo
Active
120-122 SYDNEY STREET Cornwall, ON K6H3H2
5,272 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,272 sqft
Price per Sqft $218
Subdivision 717 - Cornwall
MLS® Listing ID X12044678
Originating Board Cornwall & District Real Estate Board
Property Description
BEAUTIFULLY RENOVATED UNIQUE HISTORIC BRICK BUILDING IN DOWNTOWN LOCATION! Check out this very unique historic building which has been converted to an easy to maintain 5 Plex residential apartment building (5,272 sq.ft. as per MPAC). All renovations were completed with proper building permits, inspections and finals approvals done on all permits. This fully renovated/fully occupied property has an approximate /estimated annual net cash flow of over $72,900 and the listed price is based on an attractive capitalization rate return based on the I/E provided by the seller. Each apartment is finished with hardwood flooring & beautifully updated contemporary kitchens with granite counters & stainless steel dishwasher + bathrooms. The units are all very spacious with two bedrooms, a 4pc bath, an in-suite laundry & features such as central self-controlled AC, individual decks, private/paved on-site parking and stainless steel appliances of which are included with all leases. Each unit has its own services with separate meters + the tenants pay their own utilities. Seller requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s). (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Listed by CAMERON REAL ESTATE BROKERAGE