334-336 Eleventh Street, Cornwall, ON

Description

Welcome to 334-336 Eleventh Street East, a legal, well-maintained duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted, with tenants paying all utilities, and generates $36,249 in annual gross rental income. With solid income, low operating exposure, and major capital improvements already completed, this property presents a compelling investment opportunity in a market where cash-flow-positive duplexes are increasingly hard to find. The property consists of two spacious 2-bedroom units, both clean, well cared for, and updated over time, featuring functional layouts and neutral finishes suitable for long-term tenancy. The deep lot provides three (3) off-street parking spaces, along with a generous backyard. Notable upgrades include renovated kitchens and bathrooms (2019-2022), updated flooring, a high-efficiency gas furnace (2021), PVC windows, new exterior balcony and patio (2024), sealed driveway (2025), and roof (2013). Included (sold without legal warranty of quality): Unit 334: Fridge, stove, dishwasher, washer, dryer, living room sofa, sofa bed in bedroom, range hood microwave. Unit 336: Range hood, furnace (2021).Note: Both water heaters and space heater (Unit 334) are rented via Reliance. Whether you're an investor seeking a turnkey income property or a savvy homeowner looking to offset your mortgage, this opportunity checks all the boxes. Don't miss this rare gem, book your showing today and unlock the potential of 334- 336 Eleventh Street East!