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Home · Buy · Cornwall · 231 Louisa Street, Cornwall, ON K6H 4P9
231 Louisa Street, Cornwall, ON K6H 4P9
231 Louisa Street, Cornwall, ON K6H 4P9
231 Louisa Street, Cornwall, ON K6H 4P9
231 Louisa Street, Cornwall, ON K6H 4P9
231 Louisa Street, Cornwall, ON K6H 4P9+ 18 photos
For Sale · Multiplex

231 Louisa Street, Cornwall, ON K6H 4P9

Cornwall · 717 - Cornwall
2-StoreyFull, Unfinished basementWest exposure
9
Beds
5
Baths
3
Parking
3000-3500
Sq ft
—
Built
The honest picture
List price
$749,900
Renavu Estimate
—
Benchmark · All homes
—
Benchmark from the monthly TRREB Home Price Index. Estimate for guidance only — not an appraisal.

About this home

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

Listed on
May 26, 2026
Days on market
59 days
Property tax
$1,662 (2025)
Lot
50 × 90 Feet
Style
2-Storey
Heating
Baseboard
MLS®
X13178748

Full details

Parking
GarageNone
Total parking3

Property & sold history

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 6.7%
$
Down:or type any amount above
This price requires at least 6.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$11,473
Legal · title · inspection$2,800
Closing costs$14,273
Down payment$49,990
Total cash to close$64,263
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$749,900
MLS® X13178748 · Listed by RE/MAX AFFILIATES MARQUIS LTD.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated May 26, 2026.

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