Was listed for:Expired Jul 23, 2026
$764,900

625 Montreal Road

Cornwall, ON K6H 1C3

Multiplex ExpiredNot 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 625 Montreal Road, Cornwall

2026-01-23
2026-07-23
Expired
Price
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MLS#
x12725600

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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 625 Montreal Road, Cornwall

Summarized Description

  • Fully updated triplex with three renovated units
  • Gross annual income of $63,660
  • Turn-key property ideal for investors
  • Each unit features in-suite laundry and separate entrances
  • Stable cash flow from current tenants
  • Bright, contemporary two-bedroom suites
  • Perfect for multi-generational living
  • Well-maintained and revenue-ready building

Discover a fully updated legal TRIPLEX with gross annual income of $63,660.00. All units were recently renovated with all new kitchens, bathrooms, flooring, HRV, electrical and plumbing. The units are bright, contemporary 2-bedroom suites featuring stylish finishes, in-suite laundry, full bathrooms with tub/shower combos, dishwashers, and seperate entrances. Each unit mirrors the other in layout and appeal, making it ideal for owner-occupiers or investors. The upper unit is currently tenanted at $1,750/month plus utilities, main floor $1,815 plus utilities, basement $1,740 plus utilities providing immediate, stable cash flow.. This turn-key property is a rare opportunity to step into a well-maintained, revenue-ready multi-unit building. Perfect for investors, multi-generational living, or anyone looking to live in one unit while renting the others.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,909
Land Transfer Tax Fee
$11,773

Rental Items

Rental Equipment
None

Basement Type
Apartment

Interior Features

Interior Extras
ERV/HRV, Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Other
Roof
Shingles
Foundation Details
Insulated Concrete Form
Special Designation
Unknown

Lot

Lot Front
46.10 ft
Lot Depth
79.94 ft

Inclusions

Inclusions
Hot water tanks (x3), dishwashers (x3).

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
McConnell Ave and Montreal Rd
Directions
From McConnell Ave, head West on Montreal Rd until you reach the property.

MLS® number
X12725600
Data source
Toronto Regional Real Estate Board
Status change
2026-07-23
Listed on
2026-01-23
Days on market
181 days
Possession date
2026-02-02
Possession type
Immediate
Co-op commission
2
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 625 Montreal Road, Cornwall, Cornwall, ON. Listed for $764,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 625 Montreal Road, 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:6.7%

5% on first $500K + 10% on $264,900 over $500K

Minimum down payment

$51,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,515$21,341$18,205$0
=Total mortgage
$741,402$709,751$668,370$611,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,620monthly$3,465monthly$3,263monthly$2,988monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,773

Total Land Transfer Tax

$11,773

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0/100Minimal Transit
0/100Not rated
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