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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.
Broker
RE/MAX AFFILIATES MARQUIS LTD.
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Duplex
95 Lefebvre Avenue Cornwall
Cornwall
Type
Duplex
Basement
Apartment
Parking
None (3)
Property Tax
~$1,709/yr
Heating
Baseboard
Buying Essentials
Square Feet
900 sqft
Facing Direction
East
Parking
None (3)
Finances
List Price
$315,000
Price per SQFT
$350/sqft
Property Tax
~$1,709/yr
Property Specs
Property Type
Duplex
MLS Size
900 sqft
Basement
Apartment
Living & Amenities
Heating Type
Baseboard
Features
Carpet Free
Policies & Utilities
Neighbourhood
Cornwall
Listed On
Sep 18, 2026
Days on Market
Current: 49 days
Room information is not available for this listing.
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