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.
Details
X12814648
8
$2,650,000
Tenant
None
6 + 6
2-Storey
12
6
5000 + Sqft
N/A SquareFeet
N/A
Multiplex
Sale
Additional details
Forced Air / Gas
$11650
2025
PT BLK 43 PL 365, PT 4 & 5, 52R7773; T/W EASEMENT OVER PT BLK 43 PL 365, PT 2, 52R7773 AS IN ST72655; T/W EASEMENT OVER PT 1, 52R7837 AS IN ST72655; S/T EASEMENT OVER PT 2, 52R7837 IN FAVOUR OF PT BLK 43 PL 365, PT 1, 2 & 3, 52R7773 AS IN ST72655; S/T S297460 SUBJECT TO AN EASEMENT IN GROSS OVER PART 5, 52R8730 AS IN ST150314 CITY OF CORNWALL
N/A
N
None
Central Air
Patio
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12814648 - 1107 Gretchen Court, Cornwall, ON K6H 6T2?
The total square footage of this property is 5000 + SqFt.
What schools near to X12814648 - 1107 Gretchen Court, Cornwall, ON K6H 6T2?