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Investment signal

$374,900

331 SEVENTH STREET E

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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

Excellent Investment & Owner-Occupier Opportunity in Cornwall! Discover this fantastic, well-maintained duplex presenting a great opportunity for investors and homeowners alike. The property features two distinct 2-bedroom, 1-bathroom units, each offering a spacious living space and a functional kitchen. Situated on a large lot, this property boasts ample parking for multiple vehicles and significant outdoor space perfect for gardens and a play area. With a low-maintenance exterior, you can spend more time enjoying the benefits of ownership. Its location offers convenient access to local amenities, schools, transit routes, and major highways, making it highly desirable for tenants. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 37 x 224 FT
Bedrooms: 5 above grade
Parking: 4 total
Stories: 2
On market: Oct 22, 2025
Status changed: Apr 24, 2026
Annual tax: $2,636 (2025)
Photos: 24
MLS#: X12476212
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Heating

Forced airNatural gas

Cooling

Window air conditioner

Exterior

Vinyl siding

Foundation

Concrete

Positive cash flow ~$895/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

14.32%

Cap rate

7.73%

GRM

9.5

Break-even rent

$2,358

Financing

Down payment$74,980

Loan amount$299,920

Mortgage$1,520/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$172

Insurance$80

Maintenance$312

CapEx reserve$156

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 $1,520/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.