95 Lefebvre Avenue, Cornwall, ON K6H 5G6
- $325,000
- 6
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $325,000
- MLS#
- X13801918
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- Bungalow-Raised
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Cornwall
- Area
- Stormont, Dundas and Glengarry
- Neighborhood
- 717 - Cornwall
- Subdivision
- Second St And Lefebvre Ave
Property Description
Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice.
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Additional Information
- Taxes
- $1,708
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 2
- Exterior
- Aluminum Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 3
- Parking Type
- Mutual
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Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD..