705 Walton ST, Cornwall, ON K6H 1T8
705 Walton ST, Cornwall, ON K6H 1T8
705 Walton ST, Cornwall, ON K6H 1T8
705 Walton ST, Cornwall, ON K6H 1T8
705 Walton ST, Cornwall, ON K6H 1T8
705 Walton ST, Cornwall, ON K6H 1T8
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Larry Erickson

Larry Erickson

+1(905) 749-4101
$ 698,000
Est. payment | /mo

9 Beds

4 Baths

Save
$ 698,000
Est. payment | /mo
Save

9 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 717 - Cornwall

MLS Listing ID X14124732

Style 2-Storey

Bedrooms 9

Annual Tax Amount $4,433

Tax Year 2026

Property Sub-Type Fourplex

Property Description

An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.

Location

State ON

County Stormont, Dundas And Glengarry

Area Stormont, Dundas And Glengarry

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 4

Interior

Interior Features On Demand Water Heater

Cooling None

Fireplace No

Heat Source Electric

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 59.0

Lot Depth 100.0

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Listed by RE/MAX AFFILIATES MARQUIS LTD.
Larry Erickson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(905) 749-4101

larry.erickson@exprealty.com

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705 Walton ST