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FARHANG RAFII

Sales Representative
iCloud Realty Ltd., Brokerage Independently owned and operated. 1396 Don Mills Road unit E101, Toronto, Ontario M3B0A7 Cell: 647-606-4145Office: 416-364-4776

$1,600,000
Available - For Sale
Listing ID: X12842682
1101 Gretchen Court , Cornwall, K6H 6T2, Stormont, Dundas


Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in 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 host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
Price $1,600,000
Taxes: $11650.00
Assessment Year: 2025
Occupancy: Tenant
Address: 1101 Gretchen Court , Cornwall, K6H 6T2, Stormont, Dundas
Directions/Cross Streets: Twelfth St E
Rooms: 24
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: None
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Upper
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 3 Upper
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 3500-5000
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: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
416-364-4776
 
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At a Glance:
Type: Freehold - Fourplex
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style: 2-Storey
Lot Size: x 169.13(Feet)
Approximate Age:
Tax: $11,650
Maintenance Fee: $0
Beds: 8
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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