237-239 LOUISA Street, Cornwall ON K6H 4P9 Photo 1

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237-239 LOUISA Street - Side by side 3 Bdrms units. Each unit has its own driveway. Full lot. Full verandah in front and covered patios off kitchens in back.Good long term tenants on both sides that would like to stay. Major improvements over the years include roof, furnaces, renovated interiors including baths and kitchens. Good income and tenants pay their own utilities. Good income, good tenants, good improvements equals GOOD INVESTMENT. Same owners for 23 years and never had a problem renting when a unit became available. One of the owners is a licensed real estate broker. Pease note that 24 hours notice is required for showings.

Property Details

  • ID: 1165062
  • Status: Active
  • New Construction: No
  • Neighbourhood: College Area.
  • Property ID: 101428493
  • Storeys: 2
  • Lot Size: 90.00x50.00
  • Style: Other
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $1,749

Features

Basement Description Full
Basement Dev Unfinished
Exterior Finish Siding
Floor Covering Laminate, Ceramic
Heat Desc Forced Air
Heating Fuel Natural Gas
Other Zoning Description - Res 20, Water Sewer Expense - 1313, Vacancy Percentage - 0.0000, Vacancy Loss Amount - 0, Type of Dwelling - Double - Side-By-Side, Total Parking - 3, Total Operating Expenses - 4576, Total Operat Exp Pct - 23.3947, Total Number of Units - 2, Total Income per Month - 0, Tax Year - 2019, Supply Expense - 0, Security Expense - 0, Property Type - Multifamily, Property Sub Type - Multifamily, Possession Information - T.B.A., Parking Income - 0, Parcel Number - 0402020001158000000, Other Listing Conditions Y/N - 0, Other Expense - 0, Opt In CREADDF Y/N - 1, Number of Townhouse Units - 0, Number of Hydro Meters - 2, Number of Covered Spaces - 0, Number of Bachelor Units - 0, Number of 3 Bedroom Units - 2, Number of 2 Bedroom Units - 0, Number of 1 Bedroom Units - 0, Net Operating Income - 14984, Net Oper Income Multi NOI - 14984, Management Expenses - 0, Maintenance Expense - 0, Lot Size Met Frontage - 15.24, Lot Size Met Depth - 27.43, Lot Size Imp Frontage - 50.00, Lot Size Imp Depth - 90.00, Lease Type - Other (See Remarks), Lawn Expense - 0, Laundry Other Income - 0, Insurance Expense - 1514, Hydro Expense - 0, Heating Expense - 0, Gross Operating Income - 19560, Garbage Expense - 0, Fronting On - West, Expenses for Year Ending - 4576, Effect Rental Income - 19560, District Neighbourhood Num - 717- Cornwall, Consentto Cont After Expir Y/N - 1, Cash Flow Amount - 14984, Annual Gross Income - 19560, Annual Debt Service - 0, Air Conditioning Desc - None, Age Description - Unknown
Parking Desc Surfaced
Sewer Type Sewer Connected
Tenant Pays Phone, High Speed, Gas, Electricity, Cable
Water supply Municipal
Listed By Michael Vander Meer of CENTURY 21 Shield Realty Ltd., Brokerage*