8 Millville Avenue

If you’ve ever thought about diving into the world of property investment or simply fancy a spacious home with the added bonus of rental income, then look no further than this fantastic Multi-Family Home for sale in Cornwall . Located at 8 Millville Avenue, Cornwall, this multiplex is an absolute gem, perfectly situated in the heart of the vibrant community of Cornwall, specifically in the area of Stormont, Dundas and Glengarry.

This impressive three-storey building boasts a striking exterior clad in vinyl siding, giving it a modern yet welcoming appearance. With a total of ten rooms, this Multi-Family Home for sale in Cornwall is designed to accommodate both your living needs and those of potential tenants. The main unit is particularly spacious, featuring two levels that include a bedroom and bathroom on each floor. This layout is ideal for families or individuals who appreciate their own space while still having the option to generate rental income.

The main floor is home to a generously sized kitchen, perfect for whipping up meals, and a large family room, which is currently not included in the features but offers a great space for relaxation and entertainment. Additionally, the convenience of having laundry facilities on the main floor cannot be overstated. The upper unit, meanwhile, is equally appealing, offering one bedroom, one bathroom, a kitchen, and a living room. There's even an extra room that could serve as a computer room or study, making it a versatile space for tenants or guests.

Currently, the property is generating a steady income, with the main unit rented out for $1,645 per month plus utilities, while the upper unit brings in $927 per month plus utilities. This is an excellent opportunity for anyone looking to expand their real estate portfolio, especially with the promise of a solid return on investment. The roof was reshingled in 2021, ensuring that the property is well-maintained and ready for its next owner.

Another great feature of this Multi-Family Home for sale in Cornwall is its location. Nestled at 8 Millville Avenue, Cornwall, it’s just a short stroll away from shopping centres, parks, and all the amenities you could possibly need. Whether you’re grabbing groceries, enjoying a day out in the park, or simply soaking up the local culture, everything is conveniently close by.

The property itself sits on a lot measuring 34 x 110 feet, providing ample outdoor space for tenants to enjoy. While there is no garage or pool, the tandem driveway allows for parking up to two vehicles, making it easy for both you and your tenants. The home is unfurnished, giving you the flexibility to decorate and furnish it to your taste or leave it as a blank canvas for your tenants.

In terms of utilities, the property is connected to municipal water and sewer, which is a huge plus for any homeowner or landlord. However, it’s worth noting that there is no central vacuum system or air conditioning, but the forced air heating will keep the home warm and cosy during the colder months.

In summary, if you’re on the lookout for a Multi-Family Home for sale in Cornwall that offers both space and the potential for rental income, 8 Millville Avenue, Cornwall, is definitely worth considering. With its prime location, solid rental history, and spacious layout, this property is not just a house; it’s a fantastic investment opportunity waiting to be seized. Don’t miss out on the chance to make this your next property venture!

Community 717 in Cornwall is a charming and picturesque area nestled within the city of Cornwall, Ontario. This vibrant neighbourhood boasts a blend of natural beauty and urban convenience, with lush green spaces, well-maintained parks, and scenic walking trails that invite outdoor enthusiasts to explore. The community is characterised by its friendly atmosphere and a diverse range of amenities, including local shops, cafes, and schools, making it an ideal place for families and individuals alike. With its rich history and a strong sense of local pride, Community 717 offers a welcoming environment that perfectly balances the tranquillity of suburban living with easy access to the bustling city centre.

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 will find Central Public School, an elementary school offering French-language instruction for grades JK to 6, located just 1.0 km away, with a school rating of 2.7. Additionally, Bishop Macdonell Catholic School, also an elementary institution, is even closer at 0.8 km and boasts a higher rating of 3.5, providing a Catholic education in French for the same grade levels. For secondary education, Cornwall Collegiate and Vocational School is situated 1.2 km from the property, offering French-language instruction for grades 7 to 12, with a commendable rating of 3.6. Lastly, St. Matthew Catholic Secondary School is located 1.4 km away, although it currently has a school rating of 0. Overall, the area offers a mix of public and Catholic schooling options, ensuring that families have access to quality education within a short distance from their home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 427 residents, with an average household size of 2. The demographic profile reveals an average age of 38.1 years, indicating a relatively mature community. The average household income stands at $49,600, with 42% of the population classified as low-income. Housing prices are moderate, with an average price of $270,000, appealing to both first-time buyers and investors. The community is characterized by a significant proportion of single individuals, making up 57.14% of the population, while 26.09% of households include children. Renters dominate the housing landscape, comprising 78.57% of residents, with only 7.14% living in condominiums. The area has a modest immigrant population of 6.38%, and 32% of residents hold a college or university degree, suggesting a level of educational attainment. Additionally, a notable 52% of the population is not in the labor force, which may reflect various factors such as retirement or caregiving responsibilities. Overall, this community presents a blend of demographics that could attract diverse residents, from young singles to families seeking affordable housing options.