About 225 Louisa Street
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.
Features of 225 Louisa Street
| MLS® # | X13192728 |
|---|---|
| Price | $730,000 |
| Bedrooms | 11 |
| Bathrooms | 6.00 |
| Square Footage | 3,500 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 225 Louisa Street |
|---|---|
| Area | Stormont, Dundas and Glengarry |
| Subdivision | 717 - Cornwall |
| City | Cornwall |
| Province | ON |
| Postal Code | K6H 4P9 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full, Partially Finished |
Exterior
| Exterior | Wood |
|---|
Listing Details
| Office | RE/MAX AFFILIATES MARQUIS LTD. |
|---|