477 m
Distance
APPROX 8.9 CAP RATE. Well-maintained 5-unit multiplex located in the heart of Cornwall that hits the 1% rule and offering great value-add opportunity. This centrally located property is steps to public transit and close to schools, shopping, and everyday amenities-making it highly attractive to students, seniors, and working professionals alike. Significant capital improvements have been completed over the last four years, including roof shingles, some windows, hot water tanks, updated flooring, fresh paint, and other interior upgrades, providing a solid foundation for the next owner. The building features five self-contained units, municipal water and sewer, and on-site parking. With strong rental demand in the area and clear opportunities to increase rents, renovate, and optimize the unit mix, this property offers substantial upside for a savvy investor. Ideal for both seasoned investors and those looking to expand their multi-residential portfolio in a growing Eastern Ontario market. Flexible possession available. A rare opportunity to acquire a well-located asset with immediate and long-term upside potential. Gross income: $75, 600 | Insurance:$5504, Taxes: $2139.40, Water/Sewer:$1504 | NOI: $66, 452.6 | (id:58753)
Cross Streets: Brookdale. ** Directions: per map.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Cornwall, ON area.
74/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
66/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 0/100, Bike Score: 41/100.
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0.54 km
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0.64 km
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289 m
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425 m
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463 m
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9 bds • 5 ba • sqft
501 FIFTH STREET W
9 bds • 5 ba • 2882 sqft
501 FIFTH STREET W
3 bds • 3 ba • sqft
420 THIRD STREET W
bds • 0 ba • 1 sqft
786 SEVENTH STREET W
0 bds • 0 ba • sqft
228 SECOND STREET W
bds • 0 ba • 4000 sqft
326 AUGUSTUS STREET
2 bds • 2 ba • sqft
102 - 311 WATER STREET W
bds • 0 ba • 2500 sqft
107 SEVENTH STREET W
bds • 0 ba • 7539 sqft
2-6 NINTH STREET
6 bds • 5 ba • sqft
9 FIRST STREET E
bds • 0 ba • 8300 sqft
1343 ROSEMOUNT AVENUE
4 bds • 3 ba • sqft
1215 PRINCESS STREET
4 bds • 3 ba • sqft
1305 OSBORNE AVENUE
2 bds • 2 ba • 1375 sqft
332 VICTORIA AVENUE
4 bds • 3 ba • sqft
425 SECOND STREET E
4 bds • 3 ba • sqft
425 SECOND STREET E
3 bds • 2 ba • sqft
315 ELEVENTH STREET E
4 bds • 2 ba • sqft
1407 BOYD STREET S
3 bds • 3 ba • sqft
1476 PRINCESS STREET
Source: Realty.com
46 GULF STREET W, Cornwall, ON K6J2V7 in Cornwall, ON K6J2V7 is a other listed at $749,000. Highlights include 9 bedrooms, 5 bathrooms. Realty.ca has 8 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 8 photos of 46 GULF STREET W.
The full address for this home is 46 GULF STREET W, Cornwall, ON K6J2V7.
46 GULF STREET W has been listed on Realty.com since Mon July 06, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 0/100, Bike Score: 41/100.
Listing provided courtesy of:
CENTURY 21 SHIELD REALTY LTD.
Listing agent:
GARRETT DAGENAIS
This content last refreshed on 2026-07-14 17:22:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.