$1,690,000
Available - For Sale
Listing ID: X12985188
214 Second Street West , Cornwall, K6J 1G7, Stormont, Dundas
| Welcome to The Strathcona, an iconic well-maintained 8-unit, all-brick apartment building ideally located in the heart of downtown Cornwall, offering strong tenant appeal with convenient access to shopping, restaurants, public transit, and the waterfront. Rich in character, this property features a classic brick façade, secure front entrance, and charming architectural details. The building comprises seven 2-bedroom units and one 1-bedroom unit, with six units offering private balconies that enhance tenant lifestyle and support long-term occupancy. Each unit includes a fridge and stove for added convenience. The building is serviced by both front and rear staircases, providing practical access and added safety. A solid rear addition and functional layout contribute to durability and ease of maintenance, while private on-site parking at the rear adds significant value in the downtown core. Rarely offered, The Strathcona presents a unique opportunity to acquire a centrally located, character-filled multi-residential asset with proven rental appeal, stable cash flow, and long-term investment potential. Heat is a hot water boiler with in unit radiators, boiler changed September 2015. Please allow 48hr irrevocable on all offers. |
| Price | $1,690,000 |
| Taxes: | $14863.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 214 Second Street West , Cornwall, K6J 1G7, Stormont, Dundas |
| Postal Code: | K6J 1G7 |
| Province/State: | Stormont, Dundas |
| Directions/Cross Streets: | York St. & Second Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 16737.86 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Strahtcona |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Water Expense: | $6000 |
| Vacancy Allowance: | 0 |
| Net Income Before Debt: | $100202 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| RE/MAX AFFILIATES MARQUIS LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Approximate Age: | 51-99 |
| Tax: | $14,863 |
| Fireplace: | N |
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