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Investment signal

$289,900

230-230A CARLETON STREET W

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Beds

4

Baths

2

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

VERY AFFORDABLE DUPLEX!! Great opportunity for the Investor or Owner occupied with this well-priced duplex located in Cornwall's East End ! Perfect for first-time investors or those looking to build their portfolio, this property features two self-contained units, each with 2 bedrooms, 1 bathroom, and bright living spaces. Separate entrances and hydro meters.The upstairs unit is VACANT and ready for your tenants. Main floor currently rented with an excellent tenant. Second floor is a nice updated 2 bedroom unit and can be rented $1,600/per month, plus utilities. so you can pick your own tenant and set your Own Rent or Move In. Why Rent when you can own and generate income to cover your mortgage! Each unit has separate laundry.hook up.Large lot approx. 25' x 120'.Roof done 2024.Good location close to park, public St Lawrence collage, waterfront bike path, restaurants and shoppings.Min. 24 hrs notice for the tenants. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
717 - Cornwall
Lot dimensions
25 x 119.9 FT
Bedrooms
4 above grade
Parking
2 total
Stories
2
On market
Apr 7, 2026
Status changed
Apr 28, 2026
Annual tax
$1,853
Zoning
RES.20
Photos
13
MLS#
X12964060
Area
CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Heating

Baseboard heatersNot knownNot knownElectricNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Poured Concrete
Positive cash flow ~$1,005/mo at these assumptions

Cash on cash

20.79%

Cap rate

9.02%

GRM

8.3

Break-even rent

$1,842

Financing

Down payment$57,980
Loan amount$231,920
Mortgage$1,175/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$133
Insurance$80
Maintenance$242
CapEx reserve$121
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.

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

Estimated $1,175/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 28, 2026.

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