501 Fifth
501 Fifth photo 2
501 Fifth photo 3
501 Fifth photo 4
501 Fifth photo 5
+5 more
$799,999

501 Fifth

Cornwall, Ontario, K6J2V7

Active
9
Bedrooms
5
Bathrooms
5
Parking

About This Property

This 9-bedroom, 5-bathroom multi-family in Cornwall is available for your consideration. The home features other heating, none, a unfinished, n/a basement.

MLS Remarks

Well-maintained 5-unit multiplex located in the heart of Cornwall, offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, some windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12755470

Interior

HeatingOther
CoolingNone
BasementUnfinished, N/A

Exterior

Exterior FeaturesAluminum siding

Parking

Total Spaces5

Fees & Taxes

Annual Taxes$2,139 (2025)

Listing Information

MLS#: X12755470


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

Powered by REALTOR.ca DDF

Interested in this property?

Get in touch for a private showing or more details about this listing.

Request InformationFree Home Evaluation

Or call us directly

416-918-7814

Mortgage Calculator

$
$160,000
5%20%50%
Estimated Monthly Payment
$3,557
/month
Mortgage
$639,999
Total Interest
$427,198

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$12,475
Total Due on Closing$12,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

Back to all listings

Looking for Something Similar?

We can help you find properties matching your criteria, including exclusive listings not yet on the market.

501 Fifth Cornwall — $799,999 — Not A Dream Realty | Not A Dream Realty