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Investment signal

$569,900

300 ST FELIX STREET

Save this home

Beds

7

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

Calling all investors! Amazing opportunity to own this fully rented Fourplex with over $50,000 in gross yearly income. Property includes Two second level 1- bedroom, 1 -bath units, one main level 3- bedroom 1 -bath unit, one basement 2- bedroom 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
717 - Cornwall
Lot dimensions
50 x 60 FT
Bedrooms
7 above grade
Parking
2 total
Stories
2
On market
Apr 22, 2026
Status changed
Apr 24, 2026
Annual tax
$3,162.92 (2025)
Photos
12
MLS#
X13031980
Area
CORNWALL

Features and systems

Parking

No Garage

Basement

Apartment in basementN/A

Heating

Forced airNatural gas

Cooling

Window air conditioner

Exterior

Aluminum siding

Foundation

Concrete
Negative cash flow ~$229/mo at these assumptions

Cash on cash

-2.41%

Cap rate

4.38%

GRM

14.4

Break-even rent

$3,541

Financing

Down payment$113,980
Loan amount$455,920
Mortgage$2,310/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$261
Insurance$80
Maintenance$475
CapEx reserve$237
Vacancy loss$165

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 $2,310/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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