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403 WATER STREET E, Cornwall, Ontario, K6H 1A6

MLS® # 1397619
Investment For Sale In Downtown, Cornwall, Ontario
$549,000
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor With Exterior
403 Water Street E, Cornwall, ON - Outdoor With Exterior
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor
403 Water Street E, Cornwall, ON - Outdoor With Exterior
403 Water Street E, Cornwall, ON - Outdoor With Exterior
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Home Insurance - TD Insurance
Get a home insurance quote online for this $549,000 property in Cornwall
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $549,000 property in Cornwall

Provided by TD Insurance
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403 WATER STREET E, Cornwall, Ontario, K6H 1A6
$549,000

Property Information:

Discover an excellent investment opportunity with this well-maintained 5-unit building, constructed in 1986. Located within walking distance to numerous amenities and Lamoureux Park, this property is ideal for attracting tenants seeking convenience and accessibility. The building features in-unit washer/dryer hookups in 4 out of the 5 units, offering added convenience for tenants. With parking available for 4 vehicles and separate electrical meters for each unit, this property is designed to enhance cash flow and simplify management. The shingles were replaced in 2020, ensuring the building remains in top condition. Don't miss out on this prime investment opportunity in a highly desirable location. Schedule a viewing today! (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick, Siding, Vinyl
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1986
  • Irregular: Yes
  • Lot Depth: 60.0 Feet
  • Lot Frontage: 44.8 Feet
  • Lot Size: 44.72 ft X 60 ft
  • Zoning: RES30
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 403 WATER STREET E, Cornwall, Ontario, K6H 1A6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 403 WATER STREET E , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

69/100

ClimateCheck®

Current data

This property, 403 WATER STREET E , experiences 11 significant 2-day storms per year, with about 332.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 423.9mm of precipitation per year.

Precipitation Per Storm

Past
332.1mm
2050
423.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 403 WATER STREET E, Cornwall, Ontario, K6H 1A6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,282.55

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.03 %

High school certificate or equivalent

36.08 %

Apprenticeship trade certificate/diploma

7.36 %

College/non-university certificate

23.76 %

University certificate (below bachelor)

0.51 %

University Degree

10.26 %

Commuter

Travel To Work

By Car

82.39 %

By Public Transit

6.0 %

By Walking

9.67 %

By Bicycle

1.51 %

By Other Methods

0.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.88 %

Houses

43.12 %

Own Vs. Rent

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