$499,900 $2,684 est/mo Sourced by Back At You
1316 Cumberland Street,Cornwall, ON K6J4K7
Cornwall, ON K6J4K7
Description
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. (id:13843)
Details
| MLS # | X13769134 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 46 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | HEATHER OUDERKIRK |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3169 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6J4K7 |
| Listing VS Median (in K6J4K7) | |
Price: $499,900 low | high Med: $394,899 sqft: 1,500 low | high Med: 700 $ / sqft: $333 low | high Med: $564 On site: 46 low | high Med: 32 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6J4K7 |
| Listing VS Median (in K6J4K7) | |
Price: $499,900 low | high Med: $394,899 sqft: 1,500 low | high Med: 700 $ / sqft: $333 low | high Med: $564 On site: 46 low | high Med: 32 | |
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 1,000 - 1,500
Listing Updated: September 28, 2026 at 10:52:31 PM PDT
