1 day on Market

505 Cumberland St, Cornwall, Ontario K6J 4J3

Townhouse
4
2
~1100-1500 sqft
$240,000
Get pre-qualifiedPowered by nesto
Townhouse
4
2
~1100-1500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$189/sqft

Monthly cost

Open Calculator

Description

If you're an investor - or aspiring to become one - then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don't miss out, book your viewing today or give us a call for more information.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size2,400 SqFt(80 x 30)
Parking Spaces2
MLS ®NumberX13105350
Community NameDowntown
Data SourceTRREB
Listing byRE/MAX AFFILIATES MARQUIS LTD.

Features

Heating: Forced Air
Basement: Unfinished

Features

Lot size: 2,400 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 9, 2026
ListedActive
$240,000
1 day on market
history photo preview35
Listing by trreb®
Property listed by RE/MAX AFFILIATES MARQUIS LTD., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

36 days

2024

33 days

New Listings

Past 30 days

8 listings

Compared to

2025

4 listings

2024

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

7 units

2024

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$300,000

2024

$324,000


Population and Demographics

Overview

Total population 9382
Average household income $75,581

Age (%)

0 to 19
17%
20 to 34
18%
35 to 49
15%
50 to 64
20%
65 and plus
30%

Household composition (%)

Single person
50%
Single family
44%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
French
17%
English and French
3%
Others
2%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget