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Investment signal

$340,000

107-109 CUMBERLAND STREET

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Beds

Baths

4 full + 2 half

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cornwall. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great investment opportunity! Fully rented side-by-side duplex located in a desirable, family-friendly neighborhood. Each unit offers 3 bedrooms, 1 full bathroom, plus a convenient 2-piece on the main floor (4-piece and 2-piece in Unit 109; 3-piece and 2-piece in Unit 107). Tenants enjoy private entrances, separate backyards, and a large front balcony that spans the entire width of the building. Both units are equipped with forced air gas furnaces and central air (installed approx. 2022) for year-round comfort. Tenants pay their own utilities, with separate 100-amp electrical breaker panels and individual natural gas meters servicing each unit. Ample parking is available for tenants and guests. Ideally located within walking distance to the waterfront, bicycle paths, and a local convenience store, and just minutes from shopping and the international bridge. Turnkey property with steady income for investment. Gross Annual Income and Expenses rounded to nearest dollar for 2025: $39000 Income, $2541 Property tax, $1746 water and Sewer tax, $1027 Rental Equipment, $1600 Owners Insurance. Seller instructions: 48 Hour Irrevocable required on all offers from time of submission. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 70 x 71 FT
Bedrooms: 6 above grade
Parking: 5 total
Stories: 2
On market: Apr 16, 2026
Status changed: Apr 24, 2026
Annual tax: $2,541 (2025)
Zoning: RES40
Photos: 27
MLS#: X13009200
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedFullCrawl spaceN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Aluminum sidingVinyl siding

Foundation

Concrete

Positive cash flow ~$1,096/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

19.34%

Cap rate

8.73%

GRM

8.6

Break-even rent

$2,146

Financing

Down payment$68,000

Loan amount$272,000

Mortgage$1,378/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$156

Insurance$80

Maintenance$283

CapEx reserve$142

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,378/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.