Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 415 McConnell Avenue
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 4 parking
MLS #
X12026759
Size
1100-1500 sqft
Basement
Separate Entrance
Listed on
2025-03-18
Lot size
26 x 127.13
Tax
$1,953 /yr
Days on Market
174
Approximate Age
-
Maintenance Fee
-
Description
Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable tenants, this property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 7...00 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out!
