228 Second Street
717 - Cornwall / Cornwall, ON K6H 1G7
About This Property
The subject property is a 6 unit mixed commercial and residential rental building located at 228 Second St. West, Cornwall, Ontatio. In all there are 2 commercial units and two 2 bedroom units and Two 1 bedrom units. Net Income to the Landlord of 2025 is approximately $50,331.00 based on current tenancies. There is a 400 amp electrical service, tenant pay separately metered electricty. Heating is supplied by gas fired hot water system. There is a coin operated laundry facility. The building is a three story well maintained century building with lots of parking in a centrally located part of the City. Zoning is SPU 20 which allows a mix of commercial and residential uses.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13478592
Listed by RE/MAX AFFILIATES MARQUIS LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,930
/month · $480,000 mortgage
Amortization
Total Interest
$398,964
Total Cost
$878,964
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX AFFILIATES MARQUIS LTD.