$499,900 $2,684 est/mo Sourced by Back At You
1316 Cumberland Street,Cornwall, ON K6J 4K7
Cornwall, ON K6J 4K7
Description
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
Details
| MLS # | X13769134 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 64 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | X13769134 480500 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3169 |
|---|---|
| Tax Legal Description | LT 71 PL 164; CORNWALL |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6J 4K7 |
| Area | 717 Cornwall |
| Listing VS Median (in K6J 4K7) | |
Price: $499,900 low | high Med: $0 On site: 64 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6J 4K7 |
| Area | 717 Cornwall |
| Listing VS Median (in K6J 4K7) | |
Price: $499,900 low | high Med: $0 On site: 64 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 0 - 0
Listing Updated: September 30, 2026 at 12:11:51 AM PDT
