225 Louisa Street
Cornwall, ON
- 11 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
- 105 days on market
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
Listing Details
- Taxes (2025)
- $4,623
- Listed
- May 27, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Wood
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 50 x 90 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Montreal rd and Walton St.
- Parcel Number
- 601550044
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- Tenant belongings.
Schools
Secondary
- École secondaire catholique La Citadelle0.6 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% met the provincial standard
- École secondaire publique L'Héritage0.7 km
French public · CÉP de l'Est de l'Ontario · 195 students
Grade 10 literacy: 95% met the provincial standard
- St Lawrence Secondary School1.5 km
Public · Upper Canada DSB · 505 students
Grade 10 literacy: 53% met the provincial standard
Elementary
- École élémentaire publique L'Héritage0.7 km
French public · CÉP de l'Est de l'Ontario · 125 students
- École intermédiaire catholique La Citadelle0.8 km
French Catholic · CSDC de l'Est ontarien · 195 students
- Bishop Macdonell Separate School1.2 km
Catholic · CDSB of Eastern Ontario · 385 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 19% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K6H
- Population
- 30,440
- Private dwellings
- 14,112
- Median age
- 46
- Average household size
- 2.2
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cornwall · last 12 months
- Median sold price
- $405,000
- Homes sold
- 685
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 685 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
RE/MAX AFFILIATES MARQUIS LTD.
Walk Score
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Location
Street View
Mortgage Calculator
$152,980
Estimated Monthly Payment
$3,758
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,758/mo (20% down, 5.5%)
Taxes: $385/mo · Insurance: $191/mo
Estimates only. Consult a financial advisor.
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