625 Montreal Road, Cornwall, ON, K6H 1C3 - investment for sale | Listing ID 1411326

625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

MLS® # 1411326

Investment For Sale In East End, Cornwall, Ontario

$799,900

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625 Montreal Road, Cornwall, ON - Outdoor

625 Montreal Road, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

625 Montreal Road, Cornwall, ON - Indoor Photo Showing Bathroom

625 Montreal Road, Cornwall, ON - Indoor Photo Showing Other Room

625 Montreal Road, Cornwall, ON - Indoor

625 Montreal Road, Cornwall, ON - Outdoor With Exterior

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Home Insurance - TD Insurance

Get a home insurance quote online for this $799,900 property in Cornwall

Provided by TD Insurance

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625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

$799,900

Property Information:

Attention Investors! Newly converted legal Tri-Plex being sold vacant! Pick your tenants! Set your own rents & no rent control! Fully Renovated! Solid building with original construction 2006! Walking distance to St. Lawrence College. 3 units each with 2 bedrooms, kitchen, washer & dryer, & dishwasher hook ups. Building is turn key! Roof 5+/- years! Electrical updates & plumbing updates! Conversion 2024, 3 meters, 3 hot water heaters & all units pay own utilities. Exterior freshly painted. Final stages of construction underway & will be completed prior to closing, units will be completed to same standard & material as the current completed unit. Property Taxes & Water taxes to be determine by MPAC due to conversion from Commercial to Residential. Don't miss adding this property to your portfolio. Cash flow is an estimate of current market rents. Buyer to confirm taxes & water. Estimated rental income creates a cap rate of 5.6%. 24 hours on all offers as per form 244. Seller is Broker (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Construction Style - Attachment: Attached
Exterior Finish: Siding
Flooring Type: Laminate, Other
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None

Property Features:

Property Type: Multi-family
Built in: 2006
Irregular: Yes
Lease Type: Lease Type
Lot Depth: 108.9 Feet
Lot Frontage: 43.1 Feet
Lot Size: 43.12 ft X 108.94 ft (Irregular Lot)
Zoning: Residential
Sewer: Municipal sewage system
Parking Type: Gravel
No. of Parking Spaces: 4

Courtesy of: ASSIST-2-SELL AND BUYERS REALTY

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Market Price Trends

Location of 625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

Lifestyle
Neighbourhood

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: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 625 MONTREAL ROAD , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.7℃

2050

34.3℃

# Hot Days Per Year

Past

2050

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 Precipitation Risk: Moderate-High

15 storms expected in 2050

69/100

Moderate-High

ClimateCheck®

Current data

This property, 625 MONTREAL ROAD , experiences 12 significant 2-day storms per year, with about 332.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 423.9mm of precipitation per year.

Precipitation Per Storm

Past

332.2mm

2050

423.9mm

48-Hour Storms Per Year

Past

2050

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 625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$69,983.11

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.64 %

High school certificate or equivalent

37.77 %

Apprenticeship trade certificate/diploma

6.91 %

College/non-university certificate

20.72 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

81.02 %

By Public Transit

2.29 %

By Walking

8.52 %

By Bicycle

0.0 %

By Other Methods

8.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.42 %

Houses

66.58 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

625 MONTREAL ROAD, Cornwall, Ontario, K6H 1C3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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