1 / 10
Investment signal

$929,900

326 AUGUSTUS STREET

Save this home

Beds

Baths

Sqft

4,000

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

Well maintained 4-Plex in great condition, centrally located in the the heart of Cornwall close to many amenities including churches, schools, parks, shopping + restaurants. Fully rented, this property has a large lot with plenty of parking including a double car garage. The building features 4 individual units, each with their own unique style. The building has been updated over the years and shows extremely well. Net Operating Income of $50,693- rent roll on file. This property is a solid investment and offers exceptional value! (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
717 - Cornwall
Living area
4,000 square feet
Lot size
4,000 acres
Lot dimensions
4000
Parking
12 total
On market
Apr 21, 2026
Status changed
Apr 24, 2026
Annual tax
$6,282 (2025)
Zoning
RES40
Photos
10
MLS#
X13024094
Area
CORNWALL

Features and systems

Heating

Baseboard heatersForced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$1,020/mo at these assumptions

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,724

Financing

Down payment$185,980
Loan amount$743,920
Mortgage$3,769/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$426
Insurance$80
Maintenance$775
CapEx reserve$387
Vacancy loss$233

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 $3,769/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.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.