1117 Cumberland Street

Welcome to this charming Multi-Family Home for sale in Cornwall , located at 1117 Cumberland Street, Cornwall. This delightful property is a two-storey multiplex that boasts a prime location in the heart of the community of 717 - Cornwall, nestled within the picturesque area of Stormont, Dundas and Glengarry. With its convenient proximity to local amenities, including a nearby Walmart, this home is perfect for those seeking a blend of comfort and accessibility.

The property features two spacious units, each comprising two bedrooms, making it an ideal investment opportunity for those looking to enter the rental market or for families seeking a multi-generational living arrangement. Each unit is equipped with its own laundry hookup, providing convenience and privacy for the occupants. The ground floor unit has recently undergone several updates, including new flooring and modern kitchen cabinets, enhancing its appeal. The bathroom has also been refreshed with a new tub surround, vanity, and baseboard heating, ensuring a comfortable living environment.

At 1117 Cumberland Street, Cornwall, you will find a total of ten rooms, including two kitchens, which is a significant advantage for a Multi-Family Home for sale in Cornwall. The upper unit, while slightly less updated than its ground-floor counterpart, remains a charming space with its own unique character. It currently rents for $840, with electricity included, making it an attractive option for potential tenants. The ground floor unit, on the other hand, commands a rental price of $1,650, with tenants responsible for their own utilities.

This property is set on a generous lot measuring 50 x 100 feet, providing ample outdoor space for activities or future enhancements. While there is no pool or garage space, the property does offer parking for up to five vehicles, which is a significant advantage in this area. The exterior of the home is clad in durable vinyl siding, ensuring low maintenance and longevity.

As a Multi-Family Home for sale in Cornwall, this property presents an excellent opportunity for investors. The current expenses, including insurance at £2,066, property tax at £1,929.28, water tax at £1,770.12, and electric costs at £2,039.26, have been carefully accounted for, allowing for a net operating income (NOI) of £22,075. This financial aspect makes it an enticing prospect for anyone looking to invest in real estate.

The home is unfurnished, providing a blank canvas for new owners or tenants to personalise their living spaces. Although there is no central vacuum system or air conditioning, the baseboard heating system ensures warmth during the colder months. The unfinished basement offers potential for future development, whether it be for additional storage or living space, depending on your vision for this Multi-Family Home for sale in Cornwall.

With a great walking score, tenants will appreciate the ease of access to local shops and services, making this property even more desirable. The community of 717 - Cornwall is known for its friendly atmosphere and convenient amenities, making it a lovely place to call home.

In summary, 1117 Cumberland Street, Cornwall, is a well-located, well-maintained Multi-Family Home for sale in Cornwall that offers a fantastic opportunity for both investors and families alike. With its two separate units, recent updates, and proximity to essential services, this property is sure to attract attention. Don't miss your chance to explore this wonderful home and envision the possibilities it holds!

Community 717, located within the city of Cornwall, is a charming and vibrant area that offers a unique blend of urban convenience and natural beauty. Nestled along the banks of the picturesque St. Lawrence River, this community boasts well-maintained parks, scenic walking trails, and a welcoming atmosphere that encourages outdoor activities and social interactions. Residents enjoy easy access to local amenities, including shops, restaurants, and schools, all within a short distance. With its rich history and diverse population, Community 717 provides a warm and inclusive environment, making it an ideal place for families and individuals alike to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Central Public School, an elementary school offering French language instruction for grades JK to 6, located just 1.8 km away, with a school rating of 2.7. Closer still, at 1.4 km, is Cornwall Collegiate and Vocational School, a secondary school also teaching in French, serving grades 7 to 12, with a rating of 3.6. For those seeking a Catholic education, Sacred Heart Catholic School is only 0.9 km away, providing elementary education (JK to 6) in French, and boasts a rating of 3.4. Additionally, St. Joseph Catholic Secondary School, also located 0.9 km from the property, offers secondary education (7 to 12) in French and has an impressive rating of 5.6. With a variety of schooling options nearby, including both public and Catholic schools, families will find excellent educational opportunities to support their children's growth and development.