505 Cumberland Street
Cornwall
K6J 4J3
$240,000
Residential Freehold
beds: 4
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13105350
- Bedrooms:
- 4
- Bathrooms:
- 2
- Photos (35)
- Schedule / Email
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- Mortgage calculator
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If you're an investor - or aspiring to become one - then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don't miss out, book your viewing today or give us a call for more information.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1100-1500
- Lot Depth:
- 80'
- Lot Frontage:
- 30'
- Direction Faces:
- East
- Bedrooms:
- 4
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Bedrooms Above Grade:
- 4
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 8
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Unfinished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 2
- Total Parking Spaces:
- 2.0
- Family Room:
- No
- Possession Details:
- IMMEDIATE
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $2,120 / 2026
- Assessment:
- $- / 2025
- Stormont, Dundas and Glengarry
- Cornwall
- 717 - Cornwall
- None
- Aluminum Siding
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
Data was last updated May 12, 2026 at 03:15 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $379,900
- Min list price:
- $240,000
- Max list price:
- $699,900
- Avg days on market:
- 30
- Min days on market:
- 3
- Max days on market:
- 324
These statistics are generated based on the current listing's property type
and located in
717 - Cornwall. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- ERIC BANVILLE
- ELEVATE REAL ESTATE TEAM
- 1 (613) 6623320
- Contact by Email
Remax Affiliates Marquis
Location
649 Second St E
Cornwall, ON, K6H 1Z7