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
$ 2,650,000
Est. payment /mo
Active
1107 Gretchen CT Cornwall, ON K6H 6T2
12 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 717 - Cornwall
MLS Listing ID X12814648
Style 2-Storey
Bedrooms 12
Annual Tax Amount $11,650
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Patio
Pool None
Roof Type Asphalt Shingle
Lot Frontage 110.43
Lot Depth 187.94
Total Parking Spaces 8
Building
Foundation Concrete, Slab
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.
Nearby Locations
GET MORE INFORMATION