1316 Cumberland Street
Cornwall, ON K6J 4K7
- 6Bedrooms
- 4Bathrooms
- 4Parking
- 1500–2000Sq Ft
- $3,169Tax
- 50×100 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 1316 Cumberland Street, Cornwall, Cornwall
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 1316 Cumberland Street, Cornwall, Cornwall
Summarized Description
- Income-producing fourplex with strong rental income.
- Impressive 7.7% cap rate for investors.
- High cash flow potential with four units.
- Metal roof adds durability and value.
- Ample parking available for tenants.
- Great opportunity for long-term investment.
- Reach out for detailed income/expense breakdown.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,169
- Land Transfer Tax Fee
- $6,473
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Metal
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 100.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 3-piece
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- Cumberland and Thirteenth
- Directions
- Just north of Thirteenth street on Cumberland.
- MLS® number
- X13769134
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-10
- Updated on
- 2026-09-10
- Days on market
- 36 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 1316 Cumberland Street, Cornwall, Cornwall, Cornwall, ON. Listed for $499,900
HOMEH Estimate
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Estimated Sales Range
—
HOMEH Estimate for 1316 Cumberland Street, Cornwall, 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
5% of purchase price for homes $500K or less
$24,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,996 | $13,947 | $11,898 | $0 |
=Total mortgage | $493,901 | $463,857 | $436,813 | $399,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,411monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,473
$6,473
Around this home
No schools found nearby
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