New 401-403 Water Street E, Cornwall, ON K6H 1A6
717 - Cornwall · Cornwall · ON
About this property
Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings.
Property details
- MLS® Number
- X13765952
- Status
- Active / New
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Investment
- Lot Size
- Feet
- Lot Width
- 44.72
- Lot Depth
- 60.00
- Taxes
- $5,262
- Tax Year
- 2025
- Garage
- None
- Heating
- Baseboard
- Cooling
- No
- Cross Street
- Gloucester
- Directions
- Water street east, to Gloucester. Building is on water street
- Occupancy
- Tenant
Building & Construction
- Building area
- 4195
Parking & Garage
- Garage
- None
Community & Neighbourhood
- Cross street
- Gloucester
Utilities & Services
- Utilities
- Available
Location
Property History
- Listed
- September 10, 2026 10:46 AM
- Listing updated
- September 11, 2026 10:22 AM
- System updated
- September 11, 2026 10:22 AM
- Photos changed
- September 10, 2026 10:46 AM
- Media changed
- September 10, 2026 10:46 AM
- Imported locally
- September 11, 2026 12:01 PM