For Sale

1316 Cumberland Street

$499,900

Cornwall, Ontario K6J 4K7 · MLS® X13769134 · Updated 1d ago

1316 Cumberland Street, Cornwall, ON K6J 4K7

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1316 Cumberland Street, Cornwall, ON K6J 4K7 photo 2

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1316 Cumberland Street, Cornwall, ON K6J 4K7 photo 4

Bedrooms

Bathrooms

—

Sq Ft

Parking

About This Home

1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.

Property Information

Type

Residential Freehold

Style

Fourplex

Architectural Style

2-Storey

Lot Size

50 × 100 ft

Direction Faces

West

Bedrooms

Kitchens

Parking

4 total · None

Cross Street

Cumberland and Thirteenth

Postal Code

K6J 4K7

Occupancy

Tenant

Possession

Flexible

MLS#

X13769134

Listing Office

RE/MAX AFFILIATES MARQUIS LTD.

Building Details

Construction

Vinyl Siding

Roof

Metal

Heating

Baseboard · Electric

Cooling

None

Basement

Unfinished

Fireplace

Pool

None

Features & Amenities

Interior

Other

Financials & Fees

Annual Property Tax

$3,169 (2026)

Location

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Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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