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Investment signal

$500,000

12 - 12A CARTIER AVENUE

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Beds

Baths

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

Situated in the center of Cornwall, this side-by-side duplex comprises two 2-bedroom units, each equipped with laundry hookups. The main levels feature a living room and a spacious eat-in kitchen with a patio door leading to the rear yard. The upper levels consist of 2 generous sized bedrooms and a full bathroom. Unit 12 is rented at $1400 plus utilities and unit 12A is rented at $1200 plus utilities. Recent upgrades include the replacement of all windows and Unit 12 has been freshly painted. Additional features include two separate hydro meters, new back roof shingles installed in 2020, and front roof shingles installed in 2013. The property also includes two owned hot water tanks. Please note that minimum 24-hour notice is required for viewings. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 48 x 86 FT
Bedrooms: 4 above grade
Parking: 2 total
Stories: 2
On market: Feb 2, 2026
Status changed: Apr 24, 2026
Annual tax: $2,369
Photos: 15
MLS#: X12746924
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

Crawl spaceNone

Appliances

Water Heater

Heating

Baseboard heatersElectric

Cooling

None

Exterior

WoodVinyl siding

Foundation

Concrete

Negative cash flow ~$206/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

-2.47%

Cap rate

4.37%

GRM

14.4

Break-even rent

$3,117

Financing

Down payment$100,000

Loan amount$400,000

Mortgage$2,027/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$417

CapEx reserve$208

Vacancy loss$145

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 $2,027/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.