603 Walton Street
Cornwall, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
A great opportunity for investors or buyers looking to live in one unit while generating income from the other! This Cornwall duplex offers two 2-bedroom units, separate heating systems and plenty of flexibility. The main-floor unit has been occupied by the same tenants for approximately 14 years. They take pride in their home, maintaining a tidy unit as well as the covered front porch. In addition to the 2 bedrooms, this unit offers a recreation room in the basement plus an additional room with an egress window. Heating is provided by a forced-air natural gas furnace. The upper 2-bedroom unit is currently vacant, allowing a new owner to establish their own rent or consider owner occupancy. This unit is heated by electric baseboard and offers laundry hookups conveniently located in one of the bedrooms, along with a covered front balcony. Both units feature well-kept bathrooms with updated tub surrounds. Parking is more generous than you might expect, with room for 2 vehicles in tandem along the driveway plus space at the front where 2 vehicles can park side by side. Based on both units being rented, the property has a projected net income of approximately $19,371 annually. A versatile income property with an established main-floor tenancy and a vacant upper unit ready for its next occupant. Rent $720.00 monthly plus utilities, vacant unit $1,300.00 = Gross $24,240. Expenses. Water $1,035.12, Taxes $1,881.00, Insurance $1,955.00. Total Expenses $4,868.12 = Net Income = $19,371.86
Listing Details
- Taxes (2025)
- $1,853
- Listed
- September 25, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Stucco (Plaster)
- Roof
- Metal
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 30 x 75 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- St. Felix
- Parcel Number
- 601550268
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- Tenant Belongings
- Rental Items
- None
Schools
Secondary
- École secondaire publique L'Héritage0.5 km
French public · CÉP de l'Est de l'Ontario · 195 students
Grade 10 literacy: 95% met the provincial standard
- École secondaire catholique La Citadelle0.6 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% met the provincial standard
- St Lawrence Secondary School1.1 km
Public · Upper Canada DSB · 505 students
Grade 10 literacy: 53% met the provincial standard
Elementary
- École élémentaire publique L'Héritage0.6 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
- St Lawrence Intermediate School1 km
Public · Upper Canada DSB · 205 students
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
- $408,050
- Homes sold
- 670
- Median days on market
- 31
- Sale-to-list price
- 97.3%
Based on 670 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
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Location
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Mortgage Calculator
$52,980
Estimated Monthly Payment
$1,301
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: $1,301/mo (20% down, 5.5%)
Taxes: $154/mo · Insurance: $66/mo
Estimates only. Consult a financial advisor.
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