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$ 2,150,000
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1225 SECOND STREET W Cornwall, ON K6J1J2
16,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,500 sqft
Price per Sqft $130
Subdivision 717 - Cornwall
MLS® Listing ID X12299215
Lot Size 0.515 Acres
Acres 0.515
Source Cornwall & District Real Estate Board
Property Description
17 UNIT APARTMENT, CORNWALL, ONTARIO. Looking for an attractive multi-residential investment property? This property was built by one of Cornwall's premier builders/contractors, has remained in the family since its construction and is now being brought to the market for the first time. The building has been extremely well maintained where pride of ownership is evident throughout the building and the building has great mostly longer term tenancies. The building mix consists of 9 -2 bedroom suites and 8-1 bedroom suites, and all suites have a balcony, designated exterior parking and an ensuite storage area. The building also features a coin operated laundry area for tenant use and the building has experienced over the years a very low vacancy rate due to its great convenient west end location, quality of the building and the buildings continuous maintenance program. The Estate is hoping to find an investor that will continue maintaining this property in a similar fashion. Initial viewings will be arranged for 2 typical 1 and 2 bedroom suites to potential investors subject to RTA guidelines, and the Estate supply the I/E statements to qualified investor/buyers before an offer is made or accepted. Once an offer is accepted a full inspection of the building will be provided as well as any backup information with respect to the stated building expenses a buyer may require, and the Estate requires the "as is" SPIS signed available at the L.B Office &is to be submitted with all offer(s). The Estate requires 3 full business days irrevocable to review any/all offer(s) with their lawyer as a listing condition. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by CAMERON REAL ESTATE BROKERAGE
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