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$240,000
Ontario,Cornwall
For Sale Active
505 CUMBERLAND STREET, Cornwall, Ontario K6J4J3
  • 4
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

If you’re an investor – or aspiring to become one – then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area

close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don’t miss out, book your viewing today or give us a call for more information. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13105350
  • Price: $240,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 291732
Features & Appliances
Features
  • Heating System: Other, Forced air, Natural gas, Not known
  • Cooling System: None
  • Basement: Unfinished, N/A
  • Parking: No Garage
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Cornwall, K6J4J3
  • Street: Cumberland
  • Street Number: 505
  • Street Suffix: Street
  • Longitude: W75° 15' 37.2''
  • Latitude: N45° 1' 14.8''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 30 x 80 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 2120
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Listing updated: 2026-05-10 13:45:55
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Listing Information
  • List Agent Key: 2072053
  • List Office Key: 291732
  • Modification Timestamp: 2026-05-09T03:40:58Z
  • Originating System Name: Cornwall & District Real Estate Board
  • Status Change Timestamp: 2026-05-09T03:30:17Z
Powered by REALTOR.ca
Listing updated: 2026-05-10 13:45:56
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