Listed for:Listed May 27, 2026
$730,000

225 Louisa Street

Cornwall, ON K6H 4P9

Multiplex For Sale
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Sale & Price History for 225 Louisa Street, Cornwall

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 225 Louisa Street, Cornwall

Summarized Description

  • Fully tenanted 6-unit income property available
  • Generates strong cash flow and rental income
  • Diverse mix of spacious units attracts tenants
  • Located near St.
  • Lawrence College and amenities
  • Estimated cap rate of 7.8% indicates solid investment
  • All-inclusive units enhance tenant retention
  • Minimum notice required for showings

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,623
Land Transfer Tax Fee
$11,075

Basement Type
Full, Partially Finished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Wood
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
90.00 ft

Exclusions

Exclusions
Tenant belongings.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
11
Washrooms
6
Kitchens
6

Washrooms

  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
Montreal rd and Walton St.
Directions
Starting from Walton st, Head South onto Louisa. Property is on the West Side.

MLS® number
X13192728
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-27
Updated on
2026-10-09
Days on market
142 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RE/MAX AFFILIATES MARQUIS LTD.

Home Market Value

Current home valuation for 225 Louisa Street, Cornwall, Cornwall, ON. Listed for $730,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 225 Louisa Street, 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

$
Cornwall, ON
Minimum Down Payment Required:6.6%

5% on first $500K + 10% on $230,000 over $500K

Minimum down payment

$48,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,273$20,367$17,374$0
=Total mortgage
$709,093$677,367$637,874$584,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,462monthly$3,307monthly$3,114monthly$2,851monthly
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Land Transfer Tax

Provincial

$11,075

Total Land Transfer Tax

$11,075

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