48 days on Market

2238 Pitt St, Cornwall, Ontario K6K 1A3

Townhouse
5
2
~2000-2500 sqft
$589,900
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Townhouse
5
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$265/sqft

Est. Mortgage$2,533/mo

Tax Amount (2024)$4,901/yr

Days On Market48 days


Description

Attention Investors and First-Time Homebuyers! Are you looking for a multifamily home with positive cash flow investment or a property that can help with your mortgage payments? This rare duplex, built in 1997 and in mint condition, is the perfect opportunity. With all the latest upgrades, it is in a desirable neighborhood within walking distance to schools and all essential amenities. The property features two well-maintained units with separate living spaces. Unit 1, located on the main floor, offers approx. 1,330 sq. ft. of living space, including 3 bedrooms and 1 bathroom. It also provides access to the basement with washer and dryer hookups. Currently rented at $2,000 per month, this unit offers immediate income for investors. Unit 2, located on the second floor, spans approx. 1,149 sq. ft. and includes 2 bedrooms, 1 bathroom, and separate washer and dryer hookups. In addition to these two units, the property includes a massive 1,364 sq. ft. (approx.) unfinished basement with a separate entrance, ready for renovation to increase cash flow. Both units have separate hot water tanks, energy meters, and washer/dryer hookups, ensuring convenience and privacy for tenants. The property sits on a large lot, with ample space for parking up to 5 cars and a generous backyard that is perfect for children to play and families to enjoy quality time outdoors. Recent upgrades include new shingles installed in 2019, new flooring ('24), and new energy-efficient windows and garden doors ('24) in the upstairs unit. Both units have also been fitted with newer appliances (2022 & 2023), energy-efficient gas furnaces (2024), and hot water tanks (2020). Tenant will vacate the property prior to the closing date, ensuring vacant possession for the new owner. Additionally, this property is equipped with a Tesla charging station, catering to environmentally-conscious tenants and those with electric vehicles. Don't miss out on this incredible opportunity schedule a showing today!


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~2000-2500 SqFt
Lot Size8,862 SqFt(174.9 x 50.67)
Parking Spaces4
MLS ®NumberX11424974
Community NameEamers Corners
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Unfinished

2nd Floor

Br

4.26 x 2.47

Vinyl Floor

2nd Br

3.57 x 2.47

Vinyl Floor

Laundry

2.56 x 1.65

Kitchen

3.81 x 2.46

Tile Floor / Double Sink


Features

Lot size: 8,862 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Nov 27, 2024
ListedActive
$589,900
48 days on market
history photo preview37
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Population and Demographics

Overview

Total population 3637
Average household income $97,261

Age (%)

65 and plus
24%
0 to 19
22%
50 to 64
21%
35 to 49
17%
20 to 34
16%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
70%
French
21%
English and French
3%
Others
2%
Tamil
2%
Urdu
1%

House tenancy (%)

Owners
75%
Renters
25%

Schools and amenities

Estimated Budget