For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Cornwall · Cornwall

207 Alice Street

Fourplex

MLS® #X13801788

Listed for$525,0001 day on market

8 bed 4 bath 4 parking 2500-3000 sq ft~$191/sq ft

New this week
Transit stop ~292.4 km

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Est. all-in monthly~$2,705/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~292.38 km

Property information

What house buyers ask first

Lot size: 50 × 67 ft
Square footage: 2500-3000 sq ft
Property tax: $3,152 / yr
Parking: 4 spaces · None
Basement: Unfinished

Property summary

Property type: Fourplex
Style: 2-Storey
Lot size: 50 × 67 ft
Parking: 4 spaces · None
Heating: Baseboard
Air conditioning: None
Basement: Unfinished
Kitchens: 4
Exterior: Brick
Property tax: $3,152 / yr
MLS®: X13801788

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$425,000

Below recent sales

208 Prince Albert Street

4+2 bed · 3 bath·1100-1500 sq ft·2 parking

Cornwall

Listed 153 days ago · Royal LePage Integrity Realty

Detached

$265,800

Below recent sales

115 Guy Street

2 bed · 1 bath·700-1100 sq ft·1 parking

Cornwall

Listed 49 days ago · Wheeler Smart Choice Realty Brokerage

Detached

$250,000$275,000Price reduced from $275,000

Below recent sales

313 Guy Street

3 bed · 1 bath·700-1100 sq ft·2 parking

Cornwall

Listed 92 days ago · RE/MAX Affiliates Marquis Ltd.

Detached

$349,900

Below recent sales

334 Prince Arthur Street

4 bed · 2 bath·1100-1500 sq ft·4 parking

Cornwall

Listed 95 days ago · RE/MAX Affiliates Marquis Ltd.

Detached

$279,900$299,900Price reduced from $299,900

Below recent sales

337 Guy Street

3 bed · 2 bath·1100-1500 sq ft·4 parking

Cornwall

Listed 73 days ago · Wheeler Smart Choice Realty Brokerage

Detached

$289,500

Below recent sales

20 1/2 Lawrence Avenue

2 bed · 1 bath·700-1100 sq ft·2 parking

Cornwall

Listed 34 days ago · Royal LePage Team Realty

The numbers that matter

Property tax: $3,152/yr
Est. all-in: ~$2,705/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~292.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Cornwall

$417KMedian sold

43Median days on market

97.8%Sale-to-list

Median sold price · Cornwall1-yr +4% · 3-yr +12%

Source: TRREB sold data via Repliers · all property types

Description & details

Excellent Fourplex Investment Opportunity - 10%+ Cap Rate! Located just 500m from St. Lawrence College, this well-located fourplex offers an excellent opportunity for investors looking to add a multi-residential property to their portfolio. The property is also approximately 900m from a grocery store and other amenities, with the nearest bus stop just 200m away. Each of the four units features 2 bedrooms and 1 bathroom, providing a practical and desirable layout for tenants. Each tenant has the right to one parking space located in front of the building. Current monthly rents: 207: $1,350/month - tenant pays own electricity, 207A: $1,750/month - landlord pays utilities, 207B: $1,250/month, 207C: $1,250.73/month. The property currently generates approximately $67,208.78 in total annual rental income, with estimated annual operating expenses of approximately $14,686.55, resulting in an estimated net operating income of $52,522.23. Based on the current income and expenses, the property offers a cap rate of over 10%, making this an attractive income-producing opportunity for investors. The property currently has a gas furnace serving both upper-level units, while the two main-level units have been converted to electric baseboard heating, allowing the tenants in those units to be responsible for their own electricity consumption. With four 2-bedroom units, dedicated parking, convenient access to public transportation, nearby amenities, and its close proximity to St. Lawrence College, this property presents an opportunity for both experienced and first-time investors. As per form 244 offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX AFFILIATES MARQUIS LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.