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$ 619,000
Est. payment /mo
New
2459 Watson CRES Cornwall, ON K6H 0H9
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 717 - Cornwall
MLS Listing ID X13525986
Style Bungalow-Raised
Bedrooms 4
Annual Tax Amount $5,272
Tax Year 2025
Property Sub-Type Duplex
Property Description
ONE UNIT VACANT - Great Opportunity! 2459 Watson Crescent is a well maintained and purpose-built duplex with one vacant unit (lower unit) perfect for owner occupant! Both units are 2 bedroom, 1 bathroom, and feature very functional layouts. This property is perfect for an investor looking for a solid appreciating investment or an owner-occupant looking to offset costs with a tenant in the other unit. Current rent for the upper/main unit is $1,837.80 + Utilities while the lower vacant unit has a market rent of $1,950.00 + Utilities. If lower unit was rented the Gross Income would be: $45,453.60, Operating Expenses would be: $10,359.00, and Net Operating Income would be: $35,094.60. The upper unit has a potential rent of $2,100+Utilities or more which would bring the Net Income up further to $38,241. Cornwall's Eastridge development is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this property feature 2 bedrooms, 1 bathroom, and their own laundry room. Separate gas and hydro meters. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Full, Finished, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Storage, Water Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 65.0
Lot Depth 114.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.