- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12814648
- Bedrooms:
- 12
- Bathrooms:
- 6
- Photos (18)
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Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:2493)
- Property Type:
- Multi-family
- Living Area (Min):
- 5,000 sq. ft.
- Living Area (Max):
- 2.3 acre(s)
- Taxes:
- $11,650 / 2025
- Community:
- 717 - Cornwall
- Exterior Features:
- Brick, Vinyl siding
- Structure Type:
- Other
- Utilities:
- Sewer, Electricity, Cable
- Appliances Included:
- Water Heater
- Bedrooms:
- 12
- Bedrooms Above Grade:
- 12
- Bathrooms:
- 6.0
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Foundation:
- Concrete, Slab
- Heating:
- Forced air, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- None
- Lot Frontage:
- 110'5"
- Lot Details:
- 110.4 x 187.9 FT
- Parking:
- No Garage
- Total Parking Spaces:
- 8
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Fourplex -
Fourplex
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Fourplex
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Fourplex
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Duplex
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Duplex
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
Data was last updated May 13, 2026 at 11:45 AM (UTC)
Area Statistics
- Listings on market:
- 45
- Avg list price:
- $474,900
- Min list price:
- $240,000
- Max list price:
- $3,500,000
- Avg days on market:
- 28
- Min days on market:
- 2
- Max days on market:
- 203
- Avg price per sq.ft.:
- $166.72
These statistics are generated based on the current listing's property type
and located in
717 - Cornwall. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- GARRET MUNRO
- RE/MAX AFFILIATES MARQUIS LTD.
- 1 (613) 5515588
- garret@wheelermunro.ca
- ALAN WHEELER
- RE/MAX AFFILIATES MARQUIS LTD.
- 1 613 936 7044
- alan@wheelermunro.ca
Location
649 Second Street E
Cornwall, ON, K6J 1Z7