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Investment signal

$789,900

625 MONTREAL ROAD

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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

Discover a fully updated legal TRIPLEX with gross annual income of $63,660.00. All units were recently renovated with all new kitchens, bathrooms, flooring, HRV, electrical and plumbing. The units are bright, contemporary 2-bedroom suites featuring stylish finishes, in-suite laundry, full bathrooms with tub/shower combos, dishwashers, and seperate entrances. Each unit mirrors the other in layout and appeal, making it ideal for owner-occupiers or investors. The upper unit is currently tenanted at $1,750/month plus utilities, main floor $1,815 plus utilities, basement $1,740 plus utilities providing immediate, stable cash flow. . This turn-key property is a rare opportunity to step into a well-maintained, revenue-ready multi-unit building. Perfect for investors, multi-generational living, or anyone looking to live in one unit while renting the others. (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: 717 - Cornwall
Lot dimensions: 46.1 x 79.9 FT
Bedrooms: 6 above grade
Parking: 6 total
Stories: 2
On market: Jan 23, 2026
Status changed: Apr 24, 2026
Annual tax: $4,909 (2025)
Photos: 12
MLS#: X12725600
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

Apartment in basementN/A

Appliances

Water meterDishwasherWater Heater

Heating

Baseboard heatersElectric

Cooling

None

Foundation

Insulated Concrete Forms

Lot

Carpet Free

Utilities

SewerElectricityCable

Negative cash flow ~$879/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

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,875

Financing

Down payment$157,980

Loan amount$631,920

Mortgage$3,202/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$362

Insurance$80

Maintenance$658

CapEx reserve$329

Vacancy loss$198

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 $3,202/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.