$749,000
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501 Fifth Street W, Cornwall, ON K6J2V7

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9 Beds
5 Baths
2,882 Sq Ft

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)

Listing By: GARRETT DAGENAIS - CENTURY 21 SHIELD REALTY LTD. cncrea2 Realty.com
  • MLS® X13524850
  • Date Listed07/06/2026
  • Days on Realty 8 Days
  • Bedrooms 9
  • Bathrooms 5 baths
  • Lot Size 125,539,920 sq. ft
  • Property Type Multi Family
  • Water Public
  • Square Feet 2,882 sq. ft
  • Price Per Sq. Ft $259.89

Interior Features

  • Cooling None
  • Heating Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 125,539,920.00
  • Lot Features -

Directions

Cross Streets: Brookdale. ** Directions: per map.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K6J2V7

Discover key demographics, population statistics, and environmental insights for the Cornwall, ON area.

Walkability in ON / K6J2V7

Source: Walk Score

74/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

66/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 0/100, Bike Score: 41/100.

Points of Interest near 501 FIFTH STREET W, Cornwall, ON K6J2V7

Frequently Asked Questions for 501 FIFTH STREET W

Source: Realty.com

501 FIFTH STREET W, Cornwall, ON K6J2V7 in Cornwall, ON K6J2V7 is a multi family listed at $749,000. Highlights include 9 bedrooms, 5 bathrooms, 2,882 sq. ft., $260 per sq. ft.. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 501 FIFTH STREET W.

The full address for this home is 501 FIFTH STREET W, Cornwall, ON K6J2V7.

501 FIFTH 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 19:11:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.