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Wednesday, July 8th, 2026

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$1,195,000
Available - For Sale
Listing ID: X12457460
MOTIVATED SELLER !!! 9 PLEX FOR SALE IN THE GROWING CORNWALL RENTAL MARKET!!! NINE UNIT APARTMENT BUILDING, UPDATED AND SPACIOUS UNITS (APPROXIMATELY 1000 SQUARE FEET) IN A NICE AREA OF THE CITY. GOOD PARKING AND EXTRA INCOME FROM COIN OPERATED LAUNDRY ROOM. THE BUILDING SHOWS VERY WELL WITH LOTS OF PARKING IN FRONT OF THE BUILDING. MIN. 24 HOUR NOTICE FOR SHOWINGS.GROSS AND NET INCOME IS BASED ON FULLY OCCUPANCY Total of 8-two bedrm units plus 1-one bedrm unit. Upgrades done last 2 years:- (Full New Roof- ) Renovated Unit 2,4,6,8- Unit 6 Extensive Renovation- Unit 1 Bathroom Overhaul and full Renovation of the unit. Painting and flooring updated in some units too- Newly Painted common areas in full building- Upgraded all electric panels from fuses to break panels.In the building Sewer Lateral Replacement - Brant New.Outdoor shed Removal.Front entrance is repainted..Currently close to a 6 % cap rate with some units way below market rent levels! Tons of potential! One of the Seller is Registered Real Estate Salesperson.
Price $1,195,000
Taxes: $16,714
Tax Type: Annual
Occupancy by: Tenant
Address: 320 Gleeson Avenue , Cornwall, K6J 1E3, Stormont, Dundas
Postal Code: K6J 1E3
Province/State: Stormont, Dundas
Directions/Cross Streets: Gleeson
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
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Washroom 11:  0
Washroom 12:  0
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Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
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Washroom 21:  0
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Washroom 24:  0
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Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
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Washroom 30:  0
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Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
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Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
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Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
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Washroom 53:  0
Washroom 54:  0
Washroom 55:  0
Washroom 56:  0
Washroom 57:  0
Washroom 58:  0
Washroom 59:  0
Washroom 60:  0
Washroom 61:  0
Washroom 62:  0
Washroom 63:  0
Washroom 64:  0
Washroom 65:  0
Washroom 66:  0
Washroom 67:  0
Washroom 68:  0
Washroom 69:  0
Washroom 70:  0
Washroom 71:  0
Washroom 72:  0
Washroom 73:  0
Washroom 74:  0
Washroom 75:  0
Washroom 76:  0
Washroom 77:  0
Washroom 78:  0
Washroom 79:  0
Washroom 80:  0
Washroom 81:  0
Washroom 82:  0
Washroom 83:  0
Washroom 84:  0
Washroom 85:  0
Washroom 86:  0
Washroom 87:  0
Washroom 88:  0
Washroom 89:  0
Washroom 90:  0
Washroom 91:  0
Washroom 92:  0
Washroom 93:  0
Washroom 94:  0
Washroom 95:  0
Washroom 96:  0
Washroom 97:  0
Washroom 98:  0
Washroom 99:  0
Washroom 100:  0
Washroom 101:  0
Washroom 102:  0
Washroom 103:  0
Washroom 104:  0
Washroom 105:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 10,000
Total Area Code:  Square Feet
 Management Expense: 4320
Maintenance: 0
Water Expense: $6310
Net Income Before Debt: $66648
Expenses Actual/Estimated: $Est
Heat Type: Other
Central Air Conditioning: No
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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EXSELLENCE TEAM REALTY INC.

320 Gleeson Avenue , Cornwall, K6J 1E3, Stormont, Dundas

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: x 103.20(Feet)
Approximate Age:
Tax: $16,714
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com