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$850,000
Available - For Sale
Listing ID: X12780954
Welcome to 3004 Pitt Street - A Prime North End Investment Opportunity.This solid brick fourplex is ideally located in Cornwall's desirable North End, close to schools, transit, and everyday amenities-an area consistently attractive to tenants. A fantastic opportunity for both seasoned and first-time investors looking to expand their portfolio with a stable, income-producing asset.The property features four spacious 2-bedroom units, each offering a 3-piece bathroom and the highly desirable convenience of in-unit laundry-an excellent tenant retention feature. Currently, three units are occupied by quality tenants, providing immediate cash flow, while one vacant unit offers flexibility for owner-occupancy or the opportunity to secure a new tenant at current market rent to maximize returns.With strong rental fundamentals, solid construction, and upside potential through rental optimization, 3004 Pitt Street represents a well-balanced investment in a proven rental location. 48-hour irrevocable required on all offers. Minimum 48-hour notice required for all showings. Current Gross income with 1 unit vacant is 55,020 and NOI-38,381. With the vacant unit projected rent at 1,800/mth projected Gross Income 76,620 and NOI- 59,981.
Price $850,000
Taxes: $5,970
Assessment Year: 2025
Occupancy by: Tenant
Address: 3004 Pitt Street , Cornwall, K6K 1A6, Stormont, Dundas
Directions/Cross Streets: Pitt Street and Mercier
Rooms: 28
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  3
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Fourplex
Style: Bungalow-Raised
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX AFFILIATES MARQUIS LTD.

3004 Pitt Street , Cornwall, K6K 1A6, Stormont, Dundas

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style: Bungalow-Raised
Lot Size: x 104.00(Feet)
Approximate Age:
Tax: $5,970
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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