107 Seventh Street W

Cornwall · MLS® X12609086

2,500 sq ft · House · Multi-family · 320 days on market

listed by TODD THOMPSON, RE/MAX AFFILIATES MARQUIS LTD.

realtor's description

Don't miss out on this 6 plex with an excellent cap rate of 7.85%. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.

property details

type: House, Multi-family
living area: 2,500 sq ft
parking: 0
property tax: $3,878 / yr
days on market: 320
MLS®: X12609086

monthly cost

$3,373/mo

Mortgage $3,049 · Tax $323

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,049/ monthly

loan $559,920

25-year amortization

down payment20% · $139,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,899
cash to close: $139,980; down payment; transfer tax and fees not included
total paid: $914,819

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.