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717 - Cornwall, Cornwall, ON K6H 4V3
$370,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
If you're looking for an investment that works on paper and in real life... this is it. This single-family income property is already producing $35,500+ in annual cash flow, with $46,800 in gross income and low operating expenses of $14,659. Set up for consistent demand and efficient management, it's ideally located near the college and configured with six secure bedrooms, each with its own coded entry. The layout is simple and effective. The main floor offers two bedrooms, a shared living area, updated kitchen, and a full 4-piece bath. Upstairs features four additional bedrooms, another full bath, and access to a balcony. Major updates have been taken care of, including kitchen, furnace, central air, hot water tank, windows, insulation, siding, and roof. Sold furnished with stove, two fridges, washer, dryer, dishwasher, and hood fan, this is a true turnkey setup.48 hours notice required for showings. Room dimensions not available, please refer to floor plans in photos. A clean, straightforward opportunity in a high-demand rental location.