$600,000
58-60 LOWTHER Drive
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Beds
—
Baths
—
Sqft
—
Year
2002
Type
Multi-family
Suite
Suite potential
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
This well maintained duplex is a fantastic opportunity for investors, first time home buyers, or those looking to live on their own while generating rental income. Live in one unit and rent out the other, or rent both sides for a full investment property. Each unit offers 3 spacious bedrooms, a large eat in kitchen with patio doors leading to a private deck, and a bright, comfortable living room. The lower level features a recreation room, storage space, and there are 2 bathrooms for added convenience. Conveniently located just minutes from schools, shopping, medical clinics, and the APM Recreation Centre, this property is ideal for families and tenants alike. Situated on a generous 0.27 acre lot, there is plenty of outdoor space to enjoy. Note: Tenants pay their own heat and electricity. Don?t miss this versatile and affordable opportunity?perfect for first-time buyers or those looking to live independently. Book your showing today! (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- Cornwall
- Common interest
- Freehold
- Lot size
- 0.27 acres
- Lot dimensions
- 0.27
- On market
- May 1, 2026
- Status changed
- May 1, 2026
- Zoning
- Multi-Family
- Photos
- 25
- MLS#
- 202609254
- Area
- CORNWALL
Features and systems
Parking
Appliances
Heating
Exterior
Flooring
Foundation
Lot
Cash on cash
-6.87%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,723
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.