CAONCornwallGlenview Heights95 Lefebvre Ave

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95 Lefebvre Ave, Cornwall, ON

Name: 95 Lefebvre Ave, For Sale in Cornwall - eXp Realty
Brand: RE/MAX AFFILIATES MARQUIS LTD.
SKU: X13801918
Price: 325000 CAD

House

For Sale

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623

MLS® X13801918

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Description

Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:58753)Show Description

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $1,709

Days Active 6

MLS® Number X13801918

Central VacNo

FireplaceNo

GarageYes

BasementApartment in basement, N/A

DrivewayNo Garage

HeatBaseboard heaters, Electric

A/CNone

Additional Information

Siding Aluminum Siding

Sewage System Other

Landscaping Carpet Free

Price History

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