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222 PRINCE ARTHUR STREET, Cornwall, Ontario

$299,900

MLS® X14146062

TWO HOMES, ONE PROPERTY! An incredible opportunity for families looking to enter the market with affordable living expenses or investors seeking income potential with a projected cap rate of approximately 13%! Both homes are vacant, offering immediate flexibility. The beautifully renovated main home features 3 bedrooms, a 4-piece bathroom and extensive upgrades (2026) including new drywall, flooring, plumbing, electrical, furnace, hot water tank, kitchen and bathroom. Move-in ready with major updates completed for peace of mind! A separate 2-bedroom dwelling at the rear offers additional rental potential with some improvements, and estimated income of approximately $1,400/month to help offset living expenses. Live in one and rent the other, or explore the investment potential of both! Conveniently located close to the college, public transit, shopping and amenities. An affordable opportunity to build equity while generating income! Reach out now for a detailed expense breakdown. (id:56426)

HEATHER OUDERKIRK

Listed by RE/MAX AFFILIATES MARQUIS LTD.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
47,845
Median household income
$60,000
Median home value
$280,000
Owner-occupied
54%
Homes for sale
286
Median list price
$429,000

Source: Statistics Canada 2021, LiveBy

Map of Cornwall
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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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