$1,549,000
272 Pitt Street, Cornwall, ON K6J 3P6
717 - Cornwall, Cornwall,
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TRREB.
CASH FLOW KING: 6-UNIT CORNERSTONE ASSET. Secure a turnkey investment at 272 Pitt St, a prime mixed-use corner asset generating a proven Net Operating Income of $104,040. This fully renovated portfolio features 4 residential apartments and 2 stable commercial anchors, all benefiting from over $450,000 in recent capital improvements. Major upgrades ensure zero deferred maintenance for the next owner, including new electrical panels (separately metered), new PEX plumbing throughout, brand new hot water tanks, and a 100% electric heating system that eliminates landlord gas bills. Interiors impress with new vinyl plank flooring, modern LED lighting, and completely rebuilt kitchens and baths featuring stainless steel appliances and quartz countertops. With a solid 6.7% Cap Rate and VTB financing available for qualified buyers subject to negotiations, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.
- HoldoverDays: 90
- Property Type: Commercial
- Property Sub Type: Investment
- GarageType: None
- Directions: From Cornwall centre RD, go south on Pitt and Turn right on Third St.
- Tax Year: 2025
- Cooling: No
- HeatType: Baseboard
- Building Area Total: 2874
- Building Area Units: Square Feet
- Parcel Number: 601670102
- LotSizeUnits: Feet
- LotDepth: 177.03
- LotWidth: 26.21
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