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Investment signal

$474,900

712 ELEVENTH STREET E

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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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

DOUBLE THE INCOME, DOUBLE THE OPPORTUNITY! Investors will be impressed by this rare, extra-large, well-maintained duplex offering a whopping 1,400 sq ft, and 3 beds PER UNIT. The main unit features additional finished basement space, a bonus 2pc basement bath, a den, a gas fireplace and a spacious covered porch. Opportunities like this are hard to find. Enjoy a large lot, quiet location, and generously sized units, ideal for strong rental income, owner occupancy, or multi-generational living. Both units offer 3 bedrooms, double egress, separated utilities, in-suite laundry hookups and dedicated parking. Reliable, long-term tenants are currently in place on a month-to-month basis, providing flexibility for investors or buyers looking to move-in. A standout addition to any portfolio OR a smart live-in investment. 24hr irrevocable on all offers. Don't delay, book today! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 50 x 150 FT
Bedrooms: 6 above grade, 0 below grade
Parking: 4 total
Stories: 2
Fireplace: Yes
On market: Apr 15, 2026
Status changed: Apr 27, 2026
Annual tax: $4,145
Zoning: RES 20
Photos: 33
MLS#: X12999274
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

Partially finishedN/A

Appliances

Water Heater

Heating

Baseboard heatersForced airNot knownNot knownElectricNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Concrete

Lot

Paved yard

Positive cash flow ~$319/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

4.03%

Cap rate

5.67%

GRM

12.0

Break-even rent

$2,965

Financing

Down payment$94,980

Loan amount$379,920

Mortgage$1,925/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$218

Insurance$80

Maintenance$396

CapEx reserve$198

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 $1,925/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 27, 2026.