32-34 Gloucester Street N

If you’re on the lookout for a brilliant investment opportunity, then look no further than this Multi-Family Home for sale in Cornwall ! Nestled at 32-34 Gloucester Street N, Cornwall, this spacious two-storey multiplex is a gem that promises positive cash flow. With the units currently vacant, you can secure market rents right away, making it an ideal choice for investors or those keen to live in one unit while letting the other help cover the mortgage.

The property boasts a generous total of about 3,100 square feet of living space, offering plenty of room for comfort and flexibility. Each of the two open-concept units features three bedrooms, making it perfect for families or groups of friends. You’ll also find the convenience of ensuite laundry in each unit, which is a real bonus. The layout is designed for modern living, ensuring that both units feel spacious and welcoming.

Located in a quiet area, the Multi-Family Home for sale in Cornwall is just a stone’s throw from Cornwall Square and Lamoureux Park, providing easy access to shopping and leisure activities. Whether you fancy a stroll in the park or a day of retail therapy, everything you need is within reach.

The exterior of the property is clad in durable vinyl siding and wood, giving it a classic yet contemporary look. With six bedrooms in total, this home is perfect for larger families or those looking to share their living space. Although the property doesn’t come with a den or additional rooms, the ten total rooms provide ample space for all your needs.

When it comes to amenities, this home is equipped with two kitchens, making it easy to cater for family gatherings or entertaining guests. However, it’s worth noting that there’s no additional kitchen, and the property doesn’t feature a central vacuum system, fireplace, or air conditioning. But don’t let that deter you; the family room is a great space for relaxation and socialising, and with municipal water and sewer, you can enjoy hassle-free living.

The unfinished basement presents an excellent opportunity for those looking to add their personal touch or even convert it into additional living space. The lot measures a generous 45 X 100 feet, providing plenty of outdoor space for activities or potential landscaping projects. While there’s no garage or dedicated driveway, the property offers parking space for two vehicles, which is a definite plus in this area.

As for the age of the building, it falls within the 51-99 year range, which often means it has character and charm that newer builds may lack. This Multi-Family Home for sale in Cornwall is well-maintained and ready for its next chapter, whether that’s as an investment property or a family home.

In summary, if you’re searching for a Multi-Family Home for sale in Cornwall, this property at 32-34 Gloucester Street N, Cornwall, is a must-see! With its spacious layout, prime location, and the potential for positive cash flow, it’s an opportunity that shouldn’t be missed. Whether you’re an investor or a homeowner looking to share your space, this home has everything you need to make it your own. Don’t hesitate to arrange a viewing and see for yourself what this fantastic property has to offer!

Community 717 in Cornwall, located within the city of Cornwall, offers a charming blend of suburban comfort and natural beauty. This area is characterised by its friendly atmosphere, with well-maintained parks and green spaces that invite outdoor activities and leisurely strolls. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, all within a short distance. The community is well-connected by public transport, making it convenient for commuting to nearby cities. With its welcoming environment and picturesque surroundings, Community 717 is an ideal place for those seeking a peaceful yet vibrant lifestyle in Cornwall.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.5 km, you will find Central Public School, a French-language public elementary school catering to grades JK to 6, which has a school rating of 6. Additionally, Bishop Macdonell Catholic School, another elementary option, is also situated 0.5 km away, offering French-language instruction for the same grade levels, though it has a lower rating of 1.9. For secondary education, Cornwall Collegiate and Vocational School is located 0.8 km from the property, serving grades 7 to 12 with a rating of 2.7. St. Matthew Catholic Secondary School is slightly further at 1.0 km, but it currently holds a rating of 0. Overall, the area provides a mix of public and Catholic schools, all within a short distance, ensuring that children have access to education from early years through secondary school. The proximity to these schools can enhance the convenience of daily commutes for families, making this property a promising option for those prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 577 residents, with an average household size of 1.8 individuals. The community has a median age of 46.7 years, indicating a mature demographic. The average household income stands at $55,600, with a significant portion of the population (31.6%) classified as low-income. The average property price in the area is $260,000, making it relatively accessible for potential buyers. Notably, 59.41% of the population is single, while 30.77% of households include children, reflecting a mix of family structures. The area has a high percentage of renters at 67.19%, with no condos available, suggesting a predominance of rental properties. Educational attainment is relatively high, with 42.86% of residents holding a college or university degree. However, a substantial 59.05% of the population is not in the labor force, which may influence economic activity in the area. Additionally, immigrants make up 8.4% of the population, contributing to the community's diversity. Overall, this demographic snapshot highlights a mature, predominantly rental community with a mix of family types and varying economic circumstances.