1107 Gretchen Court
Cornwall, ON K6H 6T2
- 12Bedrooms
- 6Bathrooms
- 8Parking
- 5000 +Sq Ft
- $11,650Tax
- 110×188 ftLot Size
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| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-24 | 2026-05-21 | Login to See Prices | Terminated | x12814648 |
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About 1107 Gretchen Court, Cornwall
Summarized Description
- Property includes a fourplex and newly built duplex.
- Total of 6 units on one lot.
- Each unit approximately 1100sqft with 2 bedrooms.
- Turnkey investment with gross revenue potential of $156,000.
- Upper units feature west facing balconies.
- Current operating expenses are $22,465.50.
- Net Operating Income is $113,182.50.
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $11,650
- Land Transfer Tax Fee
- $52,725
- Basement Type
- None
Interior Features
- Interior Extras
- Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete, Slab
- Special Designation
- Unknown
Lot
- Lot Front
- 110.43 ft
- Lot Depth
- 187.94 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Available
- Bedrooms
- 12
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 3-piece, Main
- 3-piece, Upper
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- Twelfth
- Directions
- From Twelfth St E head south on Gretchen Crt. Property on Left.
- MLS® number
- X12814648
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-21
- Listed on
- 2026-02-24
- Days on market
- 86 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 1107 Gretchen Court, Cornwall, Cornwall, ON. Listed for $2,650,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1107 Gretchen Court, Cornwall
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$530,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,120,000 | $1,987,500 | $1,855,000 | $1,722,500 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $10,351monthly | $9,704monthly | $9,057monthly | $8,410monthly |
Land Transfer Tax
$52,725
$52,725
Around this home
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