20 THOMPSON AVENUE
Cornerstone · L2V2M8
$689,900
About this residence
VACANT! 3 UNITS! Rare opportunity to own a fully vacant, income-generating property with three self-contained units—each with private entrances. The main floor offers a bright 3-bed layout with a functional kitchen and 3pc bath. The upper unit features 2 bedrooms, a kitchen, and 3pc bath—ideal for families or student rental. The basement unit, with private rear entry, includes 1 bedroom plus potential for a second, shared common laundry, and great storage. Outside boasts a large concrete driveway for up to 6 cars, covered patio, detached shed, and a spacious backyard with room to entertain or add an ADU for even more income. Just 4km to Brock University, this location delivers strong rental demand. With the home vacant on closing, set your own rents, choose tenants, and start cash flowing immediately! Close to schools, parks, shopping, and transit—an unbeatable investment opportunity! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Ownership
- Freehold
- Bedrooms
- 6
- Bathrooms
- 3
- Storeys
- 2
- Living area
- 1,784 sq ft
- Frontage
- 50 feet
- Parking
- 6 spaces
- Year built
- 1955
- Annual tax
- $4,410
- MLS®
- 40793334
- Board
- Cornerstone
- Status
- Inactive
- Listed
- Dec 10, 2025
- Updated
- Dec 10, 2025
Features & finishes
Appliances
- Window Coverings
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Finished
Exterior
- Aluminum siding
- Vinyl siding
- Brick Veneer
Foundation
- Block
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$3,226/mo
Loan amount
$551,920
Down payment
$137,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L2V- 19,795
- Population
- 38
- Median age
- $80,000
- Median income
- $528,000
- Median home value
- 68%
- Home ownership
- 25 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 20 THOMPSON AVENUE?
20 THOMPSON AVENUE is listed for $689,900, in Cornerstone.
How many bedrooms and bathrooms does 20 THOMPSON AVENUE have?
It offers 6 bedrooms and 3 bathrooms.
What type of home is 20 THOMPSON AVENUE?
20 THOMPSON AVENUE is a Multi-family, Duplex set over 2 storeys, built in 1955.
How large is 20 THOMPSON AVENUE?
The home offers approximately 1,784 sq ft of living space.
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 $3,226. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,410 per year.
Is there parking?
Yes — 20 THOMPSON AVENUE includes 6 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 19,795, a median age of 38, a 68% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $528,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $80,000.
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