1316 Cumberland Street
Cornwall, ON
- 6 bed
- 4 bath
- approx. 1500-2000 sqft
- Fourplex
- 6 days on market
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
Listing Details
- Taxes (2026)
- $3,169
- Listed
- September 10, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Metal
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 50 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Cumberland and Thirteenth
- Parcel Number
- 601960205
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- École élémentaire catholique Notre-Dame0.3 km
French Catholic · CSDC de l'Est ontarien · 305 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 70% met the provincial standard
- St. Joseph Intermediate Catholic School0.5 km
Catholic · CDSB of Eastern Ontario · 275 students
- Sacred Heart School0.5 km
Catholic · CDSB of Eastern Ontario · 450 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 8% met the provincial standard
Secondary
- St Joseph's Secondary School0.5 km
Catholic · CDSB of Eastern Ontario · 745 students
Grade 10 literacy: 83% met the provincial standard
- Cornwall Collegiate and Vocational School1.9 km
Public · Upper Canada DSB · 575 students
Grade 10 literacy: 72% met the provincial standard
- St Matthew Catholic Secondary School1.9 km
Catholic · CDSB of Eastern Ontario · 140 students
Grade 10 literacy: 18% 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 K6J
- Population
- 17,827
- Private dwellings
- 8,263
- Median age
- 46.8
- Average household size
- 2.2
- Median household income
- $60,400
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
- $406,000
- Homes sold
- 683
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 683 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
RE/MAX AFFILIATES MARQUIS LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
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: $2,456/mo (20% down, 5.5%)
Taxes: $264/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions 1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?