231 LOUISA STREET - Photo 1 of 11, Cornwall, Ontario
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$749,900

231 LOUISA STREET — Cornwall, Ontario

K6H4P9

RE/MAX AFFILIATES MARQUIS LTD.
9Beds
5Baths
3Parking

About This Property

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:63357)

RE/MAX AFFILIATES MARQUIS LTD.

Property Location

Map

Property Details

Property Type
Multi-Unit
Bedrooms
9
Bathrooms
5
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 231 LOUISA STREET

Parks & Recreation

Local Amenities

POI data updated 6/1/2026

Cornwall Market Snapshot

376

Active Listings

$430K

Median Price

Avg Days on Market

Last updated: May 27, 2026

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$749,900
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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