507-509 2ND STREET E
Cornwall · K6H1Z4
$424,900
About this residence
Solid investment opportunity in central Cornwall. This central triplex features three very large 3-bedroom units, each offering spacious layouts and original hardwood flooring throughout in the above grade units. All units are equipped with their own washer and dryer hookups, and each is separately metered for hydro with tenants responsible for their own electricity costs. The building is heated by a gas hot water boiler system and has undergone recent exterior upgrades, including a rebuilt rear deck and stairs, and exterior metal siding. Parking is available at the rear of the property via laneway access. All units are currently occupied by long-term, reliable tenants, making this a turnkey addition to any investors portfolio. Seller also owns 125 Marlborough which this building shares parking area with, which is for sale as well and seller would give preferred price if both purchased together. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Triplex
- Bedrooms
- 9 (9 above)
- Bathrooms
- 3
- Storeys
- 2
- Living area
- 2,500–3,000 sq ft
- Lot size
- 46 x 66 FT
- Frontage
- 46 feet
- Parking
- 2 spaces
- Annual tax
- $4,211
- MLS®
- X13121298
- Board
- Cornwall
- Status
- Inactive
- Listed
- May 13, 2026
- Updated
- Jul 2, 2026
Features & finishes
Heating
- Radiant heat
- Natural gas
Basement
- Apartment in basement
Exterior
- Brick
Foundation
- Poured Concrete
Parking
- No Garage
Lot
- Carpet Free
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$1,987/mo
Loan amount
$339,920
Down payment
$84,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornwall
Nearby
About the area
Census · K6H- 30,440
- Population
- 46
- Median age
- $61,200
- Median income
- $300,000
- Median home value
- 55%
- Home ownership
- 18 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 507-509 2ND STREET E?
507-509 2ND STREET E is listed for $424,900, in Cornwall.
How many bedrooms and bathrooms does 507-509 2ND STREET E have?
It offers 9 bedrooms and 3 bathrooms.
What type of home is 507-509 2ND STREET E?
507-509 2ND STREET E is a Multi-family, Triplex set over 2 storeys.
How large is 507-509 2ND STREET E?
The home offers approximately 2,500–3,000 sq ft of living space on a lot measuring 46 x 66 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,987. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,211 per year.
Is there parking?
Yes — 507-509 2ND STREET E includes 2 parking spaces.
What is the Cornwall area like?
Cornwall has a population of about 30,440, a median age of 46, a 55% home-ownership rate, with an average commute of about 18 minutes.
What is the average home value in Cornwall?
The median dwelling value in this area is approximately $300,000, based on census data via Neighbourly.
What is the median household income in Cornwall?
The median household income in this area is approximately $61,200.
Similar residences
Comparable Triplex near Cornwall at a similar price.
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