We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
231 LOUISA STREET, CORNWALL
2026-05-27
Quick Summary
- Location
- 231 LOUISA STREET, CORNWALL, Ontario K6H4P9
- Price
- $749,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3000 - 3500 sqft
- Bedrooms:
- 9
- Bathrooms:
- 5
- Garages:
- 3
MLS®#X13178748
Property Description
Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:32467)
Property Features
Building
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: None
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 3000 - 3500 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Sump Pump
Land
- Land Size: 50 x 90 FT
- Sewer: Sanitary sewer
Information entered by RE/MAX AFFILIATES MARQUIS LTD.
Listing information last updated on: 2026-05-27 00:33:18
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
Send a Message
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, yes, and yes.
Learn more about the One Percent Realty Deal
Sergiu Buhatel Broker
- Phone:
- (613) 724-8815
- Email:
- sergiu.buhatel@gmail.com
- Support Area:
- Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth
Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He h ...
Full Profile