1 / 15

Investment signal

$2,065,000

1133 CARLETON STREET

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

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

Welcome to 1133 Carleton St, an absolutely stunning and well built 4-unit investment property situated on a quiet street in the City of Cornwall. This 2005 built concrete fourplex is unlike any other investment property in the area. With lower level garages, spacious units, garages, plenty of parking, and many updates this property is the perfect addition to every portfolio. This property currently grosses $81,720 annually, and with market priced rents has a potential gross revenue of $108,000 annually. Current operating expenses are $19,909 and Net Operating Income is $61,811. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: 717 - Cornwall
Lot dimensions: 178 x 133 FT
Bedrooms: 10 above grade
Parking: 8 total
Stories: 2
Fireplace: Yes
On market: Feb 24, 2026
Status changed: Apr 24, 2026
Annual tax: $11,650
Photos: 15
MLS#: X12814838
Area: CORNWALL

Features and systems

Parking

Garage

Basement

None

Heating

Radiant heatNatural gas

Cooling

Central air conditioning

Exterior

Concrete

Foundation

ConcreteSlab

Utilities

SewerElectricityCable

Negative cash flow ~$2,169/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

-6.30%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,609

Financing

Down payment$413,000

Loan amount$1,652,000

Mortgage$8,370/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$946

Insurance$80

Maintenance$1,721

CapEx reserve$860

Vacancy loss$516

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 $8,370/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.