Sold Conditionally 3 days ago
Sold Price Unavailable

401-403 Water Street E

Cornwall, ON K6H 1A6

Multiplex Sold ConditionalNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 401-403 Water Street E, Cornwall, Cornwall

2026-09-10
-
Active
Price
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MLS#
X13765952
2026-09-11
2026-10-13
Sold Conditional
Price
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MLS#
x13781138

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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 401-403 Water Street E, Cornwall, Cornwall

Summarized Description

  • Centrally located near St.
  • Lawrence amenities.
  • Well-maintained 5-plex with brick exterior.
  • One unit recently renovated for added value.
  • Cost-saving gas on-demand hot water system.
  • Each unit has separate hydro meter.
  • Four parking spots available at the back.
  • Ideal for investment portfolio with multiple rental units.

Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings. This property is also listed under commercial MLS#: X13765952

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,262
Land Transfer Tax Fee
$7,075

Rental Items

Rental Equipment
nil

Basement Type
Crawl Space

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Other

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
44.72 ft
Lot Depth
60.00 ft

Inclusions

Inclusions
nil

Exclusions

Exclusions
all tenants belongings

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
5
Washrooms
5
Kitchens
5

Washrooms

  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
Gloucester
Zoning
RES30
Directions
Water street east, to Gloucester. Building is on water street

MLS® number
X13781138
Data source
Toronto Regional Real Estate Board
Status change
2026-10-13
Listed on
2026-09-11
Days on market
32 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
ROYAL LEPAGE PERFORMANCE REALTY

Home Market Value

Current home valuation for 401-403 Water Street E, Cornwall, Cornwall, Cornwall, ON. Listed for $530,000

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Estimated Sales Range

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HOMEH Estimate for 401-403 Water Street E, Cornwall, Cornwall

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Cornwall, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $30,000 over $500K

Minimum down payment

$28,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$20,076$14,787$12,614$0
=Total mortgage
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Amortization
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=Mortgage payment
$2,549monthly$2,401monthly$2,261monthly$2,070monthly
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Land Transfer Tax

Provincial

$7,075

Total Land Transfer Tax

$7,075

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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