616 Montreal Road
717 - Cornwall / Cornwall, ON K6H 1C2
About This Property
Excellent investment opportunity with this well-located duplex offering strong income potential and low operating complexity. The main floor features a bright, open-concept bachelor unit, designed for efficient living and easy maintenance. The upper unit consists of a comfortable 1-bedroom apartment, providing a functional layout that appeals to long-term tenants. Both units are heated with electric baseboard systems and are separately metered, allowing tenants to pay their own utilities, keeping operating costs predictable for the owner. The rear of the property contains a large parking area with 8 spaces. Located on Montreal Road with easy access to amenities, transit, and shopping, this property is an ideal addition to any investment portfolio or a great entry point for new investors.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13017800
Listed by ROYAL LEPAGE INTEGRITY REALTY
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
$1,465
/month · $240,000 mortgage
Amortization
Total Interest
$199,482
Total Cost
$439,482
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE INTEGRITY REALTY