1 / 11
Investment signal

$619,000

2459 WATSON CRESCENT

Save this home

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

Welcome to 2459 Watson Crescent, a stunning and well-kept purpose-built duplex in one of Cornwall's most sought-after residential areas! Boasting great curb appeal and a functional floor plan in both units, this home is perfect for an investor looking for a solid appreciating investment with great tenants or an owner-occupant looking to offset costs with a tenant in the other unit. Situated in Cornwall's Eastridge development this property is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this home feature 2 bedrooms, 1 bathroom, and their own laundry room. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. Current rents are $1786.75 + Utilities for the lower unit and $1,837.80 + Utilities on the main floor. Gross Income: $43,494.60. Operating Expenses: $10,359.00. Net Operating Income: $33,135.60. Great tenants and under-market rents. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers. (id:65958)

Subtype
Multi-family
Architectural style
Raised bungalow
Structure
Duplex
Community
717 - Cornwall
Lot dimensions
65.6 x 114.8 FT
Bedrooms
2 above grade, 2 below grade
Parking
4 total
Stories
1
On market
Jan 21, 2026
Status changed
Apr 28, 2026
Annual tax
$5,272 (2025)
Photos
11
MLS#
X12716248
Area
CORNWALL

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullApartment in basementN/AN/A

Appliances

Water meterDishwasher

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

StoneVinyl siding

Foundation

Poured Concrete

Utilities

SewerElectricity
Negative cash flow ~$702/mo at these assumptions

Cash on cash

-6.80%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,838

Financing

Down payment$123,800
Loan amount$495,200
Mortgage$2,509/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$284
Insurance$80
Maintenance$516
CapEx reserve$258
Vacancy loss$155

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 $2,509/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.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.