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Investment signal

$450,000

166 MONTREAL ROAD

Save this home

Beds

3

Baths

4 full + 1 half

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

Welcome to le Village of Cornwall This 3 residential ( Fully Tenanted ) and one vacant commercial unit on a busy street That awaits for you to open your business or to choose your tenant. Rent are Bachelor 800 plus hydro one bedroom 925 plus hydro two bedroom 600 plus hydro (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
717 - Cornwall
Lot dimensions
34.6 x 98.1 FT
Bedrooms
3 above grade
Parking
1 total
Stories
2
On market
Dec 3, 2025
Status changed
Apr 24, 2026
Annual tax
$3,737 (2025)
Zoning
Comm 70
Photos
4
MLS#
X12596700
Area
CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedCrawl space

Appliances

Water Heater

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Vinyl sidingBrick Veneer

Foundation

StoneUnknownPoured Concrete
Negative cash flow ~$393/mo at these assumptions

Cash on cash

-5.24%

Cap rate

3.82%

GRM

15.6

Break-even rent

$2,813

Financing

Down payment$90,000
Loan amount$360,000
Mortgage$1,824/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$206
Insurance$80
Maintenance$375
CapEx reserve$188
Vacancy loss$120

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 $1,824/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.

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