212 Guy Street

Welcome to the exceptional **Multi-Family Home for sale in Cornwall **, located at 212 Guy Street, Cornwall. This impressive two-storey multiplex is situated in the vibrant community of 717 - Cornwall, within the picturesque area of Stormont, Dundas and Glengarry. With its prime location, this property is just a short stroll from St Lawrence College, a variety of restaurants, and numerous amenities, making it an ideal investment opportunity for those seeking to capitalise on the thriving rental market in the area.

As you approach 212 Guy Street, Cornwall, you will be greeted by a charming exterior featuring a combination of vinyl siding and a brick front, which adds to the overall appeal of this **Multi-Family Home for sale in Cornwall**. The property boasts a generous lot size of 25 X 120 acres, providing ample outdoor space for potential landscaping or recreational activities. The private driveway accommodates two parking spaces, ensuring convenience for both tenants and guests alike.

This **Multi-Family Home for sale in Cornwall** comprises a total of 11 rooms, including four well-proportioned bedrooms and two bathrooms, making it suitable for families or groups of tenants. The property features two kitchens, allowing for separate living arrangements for each unit, which is a significant advantage for prospective landlords. The upstairs tenant is currently paying $1,000 a month plus utilities, while the downstairs unit is vacant, presenting an excellent opportunity for the next owner to achieve an appealing cap rate.

It is important to note that the property does not include a den or additional rooms, which could limit the potential for expansion. However, the unfinished basement offers a blank canvas for future development, whether it be for additional storage, a recreational area, or even further rental opportunities.

In terms of amenities, this **Multi-Family Home for sale in Cornwall** is equipped with window unit air conditioning, ensuring comfort during the warmer months. While there is no central vacuum system, fireplace, or pool, the property does benefit from municipal water and sewer services, providing peace of mind for both the owner and tenants. Additionally, high-speed internet is available, which is increasingly essential in today’s digital age.

The heating system is baseboard, which is efficient and effective for maintaining a comfortable living environment. The property is being sold unfurnished, allowing the new owner to personalise the space according to their preferences or the needs of future tenants.

For those interested in viewing this **Multi-Family Home for sale in Cornwall**, please be aware that showings for the tenanted unit will require a minimum of 48 hours' notice. As per Form 244, all offers must include a 48-hour irrevocable period, ensuring that potential buyers have ample time to consider their options.

In summary, 212 Guy Street, Cornwall, presents a remarkable opportunity for investors or families looking for a spacious and strategically located property. With its dual-unit layout, proximity to local amenities, and the potential for rental income, this **Multi-Family Home for sale in Cornwall** is not to be missed. Whether you are seeking to expand your property portfolio or find a comfortable home in a thriving community, this property offers the perfect blend of convenience and opportunity. Don’t hesitate to explore this unique offering and discover the possibilities that await at 212 Guy Street, Cornwall.

Community 717 in Cornwall is a charming and picturesque area that offers a delightful blend of natural beauty and local amenities. Nestled within the city of Cornwall, this community is characterised by its serene landscapes, including lush parks and scenic walking trails, perfect for outdoor enthusiasts. Residents enjoy a strong sense of connection to the surrounding environment, with easy access to local shops, cafes, and recreational facilities. The community boasts a welcoming atmosphere, making it an ideal place for families and individuals alike to settle down and experience the warmth of small-town living while still being close to the conveniences of urban life.

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 (1.4 km) and Bishop Macdonell Catholic School (1.3 km), both offering elementary education in French from JK to Grade 6. Central Public School is part of the Upper Canada District School Board and has a rating of 2.7, while Bishop Macdonell, under the Catholic District School Board of Eastern Ontario, boasts a higher rating of 3.5. For secondary education, Cornwall Collegiate and Vocational School is just 1.7 km away, providing grades 7 to 12 with a school rating of 3.6. Additionally, St. Matthew Catholic Secondary School, located 1.9 km from the property, offers a Catholic education for grades 7 to 12, although it currently has a rating of 0. Overall, the area provides a variety of schooling options in both public and Catholic systems, with a focus on French language instruction, catering to diverse educational needs for children in the vicinity.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 411 residents, with an average household size of 2 individuals. The demographic profile reveals a relatively young community, with an average age of 34.2 years. The average household income stands at $45,200, with a significant portion, 39.6%, classified as low-income. The housing market shows an average property price of $210,000, indicating affordability relative to income levels. A notable 65.08% of the population is single, while 31.58% of households include children, suggesting a mix of family structures. Renters dominate the housing landscape, comprising 77.78% of the population, and there are no condominiums available in the area. Educational attainment is present, with 32.69% of residents holding a college or university degree. However, a considerable 46.15% of the population is not actively participating in the labor force, which may reflect various socio-economic factors. Additionally, immigrants make up 10.61% of the community, contributing to its diversity. Overall, this demographic snapshot indicates a vibrant, youthful, and predominantly rental-oriented community with challenges related to income and employment.