231 Louisa Street
Cornwall · Cornwall, ON K6H 4P9
Listing brokerage: RE/MAX AFFILIATES MARQUIS LTD.
Asking price
$714,900
Key facts
- MultiplexProperty type
- 9Bedrooms
- 5Bathrooms
- 3 spacesParking
- 3,250 sq ftLiving space
- 50 ftLot frontage
- May 26, 2026Listed
- 167 daysOn market
- X13178748MLS® number
About this home
Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244.
Price history
- Listed$714,900
The neighbourhood right now
- For sale now144listed in Cornwall today
Location
231 Louisa Street, Cornwall
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- École intermédiaire catholique La CitadelleCSDC de l'Est ontarien · Elementary · 577 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- École secondaire catholique La CitadelleCSDC de l'Est ontarien · Secondary · 577 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- T R Leger School of Adult & Continuing Secondary SchoolUpper Canada DSB · Secondary · 706 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
No transit stop within 25 km of this address in the data we hold. We carry transit for the Greater Toronto Area only: TTC, GO Transit, UP Express, YRT/Viva, MiWay, Brampton Transit and Durham Region Transit.
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
MLS® #X13178748
Last updated Oct 9, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.



