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Investment signal

$265,000

302 MCCONNELL AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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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

Fantastic investment opportunity! This well-maintained duplex features many recent updates and is ideally located in the heart of downtown-just steps from amenities, transit, shopping, and restaurants. Brand new rubber membrane roof. Both units offer bright, functional layouts and reliable rental potential. Whether you're looking to expand your portfolio or begin investing, this turnkey property is an excellent choice. Don't miss out on this solid income-generating opportunity! Main floor rent is $1179.96/mth & pays own gas/hydro. Upstairs rent is $1021/mth heat/hydro included. Cost; Electric $834/yr, Insurance $1980/yr, Property tax $1869/yr, Water/Sewer $1130/yr NOI 20,598.84 (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 26.2 x 89.7 FT
Bedrooms: 2 above grade
Parking: 1 total
Stories: 2
Fireplace: Yes
On market: Apr 10, 2026
Status changed: Apr 24, 2026
Annual tax: $1,869
Photos: 21
MLS#: X12980276
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersForced airNot knownNot knownElectricNatural gas

Cooling

None

Exterior

Aluminum siding

Foundation

Poured Concrete

Lot

Carpet Free

Positive cash flow ~$198/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

4.49%

Cap rate

5.76%

GRM

11.6

Break-even rent

$1,691

Financing

Down payment$53,000

Loan amount$212,000

Mortgage$1,074/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$121

Insurance$80

Maintenance$221

CapEx reserve$110

Vacancy loss$95

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 $1,074/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.