5
See all 5 photos
$815,000
Est. payment /mo
Price Dropped by $60K
501 Fifth ST W Cornwall, ON K6J 2V7
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12339637
Annual Tax Amount $2,171
Tax Year 2025
Property Sub-Type Investment
Property Description
5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 103.0
Lot Depth 49.0
Building
Building Age 100+
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.
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