38 Danis Avenue

Cornwall, ON K6H 5E3

NewActiveFor Sale
3 Beds
2 Baths
1,100 Sq Ft
0 Lot Sq Ft
Multi-Family

About This Property

Attention investors-this is the kind of opportunity that checks both the cash flow box and the long-term upside. This well-located duplex features one spacious 2-bedroom unit and one 1-bedroom unit, both offering the convenience of in-unit laundry-an increasingly important feature for tenant retention and rental demand. The property includes two parking spaces at the rear, adding further value for tenants. Ideally situated in a desirable area near the water and just minutes from St. Lawrence College, this location consistently attracts quality tenants and supports strong rental potential. With a projected cap rate of approximately 8.8% once rents are optimized, this property presents a compelling value-add opportunity for investors looking to strengthen their portfolio with a solid income-producing asset in a high-demand area. Reach out now for financial details and a private viewing.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,100 sq ft
Lot Size0 sq ft
Bedrooms3
Bathrooms2
ListedMarch 31, 2026
Postal CodeK6H 5E3

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12941692

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.

$269,900

asking price

MLS®X12941692
TypeMulti-Family
CityCornwall
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,318

/month · $215,920 mortgage

Down Payment20% — $53,980
Interest Rate5.5%

Amortization

Total Interest

$179,467

Total Cost

$395,387

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX AFFILIATES MARQUIS LTD.