705 Walton Street
Cornwall, ON
- 9 bed
- 4 bath
- approx. 2500-3000 sqft
- Fourplex
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.
Listing Details
- Taxes (2026)
- $4,433
- Listed
- October 28, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- On Demand Water Heater
- Lot Size
- 59 x 100 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- St Felix St & Belfort Cres
- Parcel Number
- 601570040
- Possession
- Immediate
- Occupancy
- Tenant
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 Citadelle0.7 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% met the provincial standard
- St Lawrence Secondary School1 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 School0.9 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
- $409,300
- Homes sold
- 668
- Median days on market
- 31
- Sale-to-list price
- 97.3%
Based on 668 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
$139,600
Estimated Monthly Payment
$3,429
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: $3,429/mo (20% down, 5.5%)
Taxes: $369/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.
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