121 Baldwin Avenue

If you’re on the lookout for a brilliant investment opportunity, look no further than this charming Multi-Family Home for sale in Cornwall , located at 121 Baldwin Avenue, Cornwall. This well-maintained duplex offers a fantastic chance to dive into the investment market, especially in the bustling area of Stormont, Dundas and Glengarry. With its prime location and solid rental appeal, this property is sure to catch the eye of savvy investors.

Situated at 121 Baldwin Avenue, Cornwall, this multiplex features two self-contained units, each boasting two bedrooms and a bathroom. This layout is perfect for attracting tenants, as it provides the kind of space and comfort they seek. The total of ten rooms in the property means there’s ample room for both units to thrive. The main floor unit benefits from a newer forced-air gas furnace, ensuring warmth during those chilly months, while the second-floor unit stays cosy with an owned gas wall heater. This setup not only keeps tenants happy but also helps keep operating expenses low, as both units pay their own utilities.

As you explore this Multi-Family Home for sale in Cornwall, you’ll notice that it’s not just about the units themselves; the property has seen some recent improvements that enhance its appeal. A newer rear staircase and deck serve the upper unit, providing a lovely outdoor space for tenants to enjoy. Plus, the detached garage adds extra storage or even a potential income opportunity, which is always a bonus in the investment game.

The location of 121 Baldwin Avenue, Cornwall, is another significant advantage. Nestled in a central downtown area, the property is flanked by commercial properties, which means increased privacy during evenings and weekends—a rare find for a downtown property. This feature not only makes it more appealing to tenants but also enhances the overall value of the investment.

Now, let’s talk numbers. The income summary for this Multi-Family Home for sale in Cornwall is quite impressive. With a gross annual rental income of £22,500 and a net operating income of £14,100 per year, this property promises steady income today with the potential for future growth through rent increases. It’s an ideal starter investment for those new to the market or a solid addition to an existing portfolio for seasoned investors.

While the property does not come with a pool or a fireplace, and there’s no central vacuum system, it does offer two kitchens, which is a fantastic feature for a multi-family home. The exterior is clad in aluminium siding, giving it a modern look and ensuring it stands the test of time. The unfinished basement presents an opportunity for future development, whether that be for additional storage or perhaps even more living space down the line.

Parking is another consideration, and this property does not disappoint. With space for two vehicles and a detached garage, parking woes are a thing of the past for tenants. The lot size of 40 X 90 feet provides a decent amount of outdoor space, perfect for enjoying the fresh air or for future landscaping ideas.

In summary, if you’re searching for a Multi-Family Home for sale in Cornwall that offers a blend of strong rental appeal, a prime location, and the potential for future growth, then 121 Baldwin Avenue, Cornwall, is definitely worth a look. With its two self-contained units, recent improvements, and solid income potential, this property is not just a house; it’s a smart investment waiting to happen. Don’t miss out on this excellent opportunity to enter the investment market!

Community 717, located in the city of Cornwall, offers a charming blend of suburban comfort and accessibility. Nestled within a picturesque landscape, this area is characterised by its well-maintained parks, tree-lined streets, and a variety of local amenities that cater to residents' needs. With a strong sense of community spirit, 717 provides a welcoming atmosphere for families and individuals alike. Proximity to schools, shopping centres, and recreational facilities makes it an ideal choice for those seeking a balanced lifestyle. The area's convenient transport links ensure easy access to both the vibrant heart of Cornwall and the surrounding natural beauty, making it a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Central Public School, an elementary school offering French language instruction for grades JK to 6, is just 0.8 km away and is part of the Upper Canada District School Board, although it has a modest school rating of 2.7. For older students, Cornwall Collegiate and Vocational School, a secondary institution also teaching in French, is located 1.0 km from the property and has a higher rating of 3.6, catering to grades 7 to 12. Additionally, Bishop Macdonell Catholic School, another elementary option, is only 0.7 km away and offers a Catholic education with a better rating of 3.5. For secondary education, St. Matthew Catholic Secondary School is slightly further at 1.3 km but currently holds a rating of 0. Overall, the proximity to a variety of schools, including both public and Catholic options, provides families with diverse educational choices, enhancing the appeal of this property for potential buyers.