13 photos
Active

225 Louisa Street

Cornwall, ON

Listed today
$764,900
MLS# X13192728
11 beds6 baths3500-5000 sqft

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About this home

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns,…

Property details

Property Type
Multiplex
Style
2-Storey
Lot Size
50 ft × 90 ft
Heating
Baseboard
Cooling
None
Basement
Full, Partially Finished
Parking
4 spaces
Annual Taxes
$4,623 (2025)
MLS #
X13192728
Brokerage
RE/MAX AFFILIATES MARQUIS LTD.
Days on Market
0 days

Listing History

ActiveListed todayCurrently viewingMLS #X13192728
May 27, 2026today
Listed for Sale
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This is the only listing record currently available for this property.

Mortgage calculator

Estimated monthly payment
$3,732

Estimated payment. Does not include property tax, insurance, or condo fees.

Location & nearby

  • Aimé Leblanc ParkPark
    283 m
  • 2nd & McConnellTransit
    582 m
  • L'Héritage Public Secondary SchoolSchool
    710 m
  • 2nd & GlengarryTransit
    755 m
  • Cornwall District Minor BaseballPark
    880 m

Cornwall Real Estate Market

Cornwall · last 90 days
$400,000
Median sold price
-5.9%
Median price, year over year
42 days
Avg days on market
148
Homes sold (90 days)
16%
Sold above asking
74%
Sold below asking
$295–$427/ft²
Price per sq ft
Median price trend
May 2025 – May 2026
$460K
$426K
$392K
$358K
May
Aug
Nov
Feb
May

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(905) 830-9111