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$950,000
Available - For Sale
Listing ID: X12339637
5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
Price $950,000
Taxes: $2,171
Tax Type: Annual
Occupancy by: Tenant
Address: 501 Fifth Stre West , Cornwall, K6J 2V7, Stormont, Dundas
Postal Code: K6J 2V7
Province/State: Stormont, Dundas
Legal Description: PT LT 56 PL 68 AS IN S241079; CORNWAL
Directions/Cross Streets: Fifth St and Gulf St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Apartment
Building Percentage: T
Total Area: 472
Total Area Code:  Square Meters
Approximatly Age: 100+
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.

501 Fifth Stre West , Cornwall, K6J 2V7, Stormont, Dundas


 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: x 49.00(Feet)
Approximate Age: 100+
Tax: $2,171
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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