A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 231 Louisa St, Cornwall Ontario K6H 4P9
20 days on Market

231 Louisa St, Cornwall, Ontario K6H 4P9

Townhouse
9
5
~3000-3500 sqft
$749,900
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Townhouse
9
5
~3000-3500 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$232/sqft

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Description

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size4,500 SqFt(90 x 50)
Parking Spaces3
MLS ®NumberX13178748
Community NameEast End
Data SourceTRREB
Listing byRE/MAX AFFILIATES MARQUIS LTD.

Features

Heating: Baseboard
Basement: Full, Unfinished

Features

Lot size: 4,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

May 27, 2026
ListedActive
$749,900
20 days on market
history photo preview11
Listing by trreb®
Property listed by RE/MAX AFFILIATES MARQUIS LTD., Brokerage
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Market Data - East End

Geo Zone Map ThumbnailEast End

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2025

38 days

2024

0 day

2023

18 days

New Listings

Past 30 days

11 listings

Compared to

2025

8 listings

2024

2 listings

2023

1 listing

Units sold

Past 30 days

2 units

Compared to

2025

3 units

2024

0 unit

2023

2 units

Median Sold Price

Past 30 days

$287,500

Compared to

2025

$317,500

2023

$257,250


Population and Demographics

Overview

Total population 15110
Average household income $84,776

Age (%)

0 to 19
21%
20 to 34
18%
35 to 49
15%
50 to 64
21%
65 and plus
24%

Household composition (%)

Single family
57%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
67%
French
24%
English and French
4%
Others
2%
Urdu
1%

House tenancy (%)

Renters
50%
Owners
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget