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6 Beds
2 Baths

C$315,000

95 Lefebvre Avenue, Cornwall ON, K6H 5G6

Property typeMulti-family

Overview

Active

Price Change

Listed Sep 18, 2026

Updated 8 days ago

Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice.

Additional information

MLS® ID
X13801918

Interior Features

Bedrooms
6
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$1,709
Tax Frequency
Annually

 

Courtesy of Listed by , RE/MAX AFFILIATES MARQUIS LTD.,

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Data last updated 4:28 AM UTC, 10/3/2026