$530,000
1236-1242 NOTRE DAME STREET
Beds
8
Baths
4
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
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
FULLY LEASED FOUR PLEX in a great north end location close to shopping, a beautiful local municipal park, and public transit. This 4-plex produces an estimated annual net net income before debt service & depreciation of approximately $35,000 annually based on an I/E statement provided by the seller that includes both actual expenses plus the other typical investment building expenses included in the I/E Statement that many independent appraisers and some banks will use to evaluate the property for loans to establish market value. Before any offer is made the owner has arranged with appropriate tenant notice to show one of the 1 bedroom units located in the back of the building, and one of the 2 bedroom units at the front to allow prospective buyers to inspect the general condition of the building before proceeding further with evaluating this investment property. Please note the tenants own their own appliances and there is washer/dryer hook ups in all 4 units. Seller instructions (form 244) requires the legal RTA notice to tenants as a requirement for all showings, and in addition the seller requires the seller property information statement signed by the buyer & submitted with any offer(s) plus 2 full business days irrevocable to review any/all offer(s). (id:65958)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- 717 - Cornwall
- Lot dimensions
- 55 x 93.7 FT
- Bedrooms
- 8 above grade
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 28, 2026
- Status changed
- Apr 29, 2026
- Annual tax
- $2,846 (2025)
- Zoning
- Residential
- Photos
- 1
- MLS#
- X13053028
- Area
- CORNWALL
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
0.01%
Cap rate
4.87%
GRM
13.4
Break-even rent
$3,299
Financing
Operating expenses (monthly)
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.
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.