39 Duncan Street

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Cornwall , located at 39 Duncan Street, Cornwall. This well-maintained side-by-side duplex is nestled in a highly sought-after area, making it an ideal investment for those looking to capitalise on the thriving rental market. The property is perfectly positioned next to a newly established public pool and park, providing a wonderful environment for families and enhancing the overall appeal of the location.

The Multi-Family Home for sale in Cornwall boasts a total of 11 rooms, comprising two distinct units. Unit #37 features a spacious two-bedroom layout, which is heated via a forced-air natural gas system, ensuring comfort during the colder months. Unit #39, on the other hand, is a generous three-bedroom unit that also benefits from its own forced-air gas furnace. This configuration makes the property particularly attractive to potential tenants, as both units offer ample living space and essential amenities.

At 39 Duncan Street, Cornwall, the property showcases two well-appointed kitchens, allowing for efficient meal preparation and entertaining. While there is no additional kitchen or den, the layout is designed to maximise functionality and comfort. Each unit features enclosed front porches, which add a charming touch and provide a welcoming entrance for residents and guests alike.

The property is situated on a quiet cul-de-sac, with a park located at the end of the road, creating a serene atmosphere that is perfect for families. The community surrounding this Multi-Family Home for sale in Cornwall is characterised by its family-friendly environment, making it an excellent choice for those seeking a stable and secure neighbourhood.

In terms of financial potential, this property represents a strong investment opportunity. The three-bedroom unit currently generates a rental income of $1,365 per month, plus utilities, while the two-bedroom unit yields $920 per month, also plus utilities. With long-term tenants already in place, the gross yearly income from this Multi-Family Home for sale in Cornwall amounts to an impressive £27,420, with a net income after operating expenses of £21,178. This financial performance underscores the property's viability as a lucrative investment.

The exterior of the building is constructed in a 2-storey multiplex style, with a lot size of 50 x 100 feet, providing ample outdoor space for potential enhancements or recreational activities. Although the basement remains unfinished, it offers the possibility for future development, allowing for additional storage or living space, should the new owner choose to invest in renovations.

While the property does not include a garage or driveway, it does offer parking space for two vehicles, ensuring convenience for residents. The absence of a central vacuum system and air conditioning is noted; however, the forced-air heating system provides adequate warmth throughout the property. The municipal water supply and sewer system further enhance the practicality of this Multi-Family Home for sale in Cornwall.

In summary, 39 Duncan Street, Cornwall, presents a unique opportunity to own a well-kept duplex in a desirable location. With its two spacious units, strong rental income, and proximity to community amenities, this Multi-Family Home for sale in Cornwall is a must-see for savvy investors and families alike. Don't miss your chance to explore this exceptional property that promises both comfort and financial returns.

Community 717 in Cornwall is a charming and vibrant area that offers a delightful blend of natural beauty and local amenities. Nestled within the city of Cornwall, this community boasts picturesque landscapes, including lush parks and scenic waterways, perfect for outdoor enthusiasts. Residents enjoy a strong sense of belonging, with friendly neighbours and a welcoming atmosphere. The area is well-served by local shops, cafes, and recreational facilities, ensuring that all your daily needs are within easy reach. With its rich history and a variety of cultural events, Community 717 is an ideal place for those seeking a balanced lifestyle in a friendly, close-knit environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 1.7 km radius, you will find a variety of schools catering to different educational needs. Central Public School, an elementary school offering grades JK to 6, is just 1.2 km away and is part of the Upper Canada District School Board, although it has a school rating of 2.7. Nearby, Bishop Macdonell Catholic School, also an elementary institution, offers a French curriculum for grades JK to 6 and boasts a better rating of 3.5. For secondary education, Cornwall Collegiate and Vocational School is located 1.6 km from the property, providing grades 7 to 12 with a rating of 3.6, indicating a solid academic environment. St. Matthew Catholic Secondary School, also within 1.7 km, serves grades 7 to 12 but currently has a rating of 0. All schools in the area offer French language instruction, providing a bilingual education option. This diverse range of schools ensures that families have access to quality education within a short distance from their home.