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For Sale
Just Listed

616 Montreal Road

717 - Cornwall, Cornwall, ON
$300,000
1Bd
2Ba
900+sqft
8Parking
53.98 x 69.04 ftlot
$333/sqft
MultiplexMLS# X13017800Listed 2026-04-190 DOM
Basement
Unfinished

Just listed! New listings in Cornwall often receive offers within the first week.

About this home

Excellent investment opportunity with this well-located duplex offering strong income potential and low operating complexity. The main floor features a bright, open-concept bachelor unit, designed for efficient living and easy maintenance. The upper unit consists of a comfortable 1-bedroom apartment, providing a functional layout that appeals to long-term tenants. Both units are heated with electric baseboard systems and are separately metered, allowing tenants to pay their own utilities, keeping operating costs predictable for the owner. The rear of the property contains a large parking area with 8 spaces. Located on Montreal Road with easy access to amenities, transit, and shopping, this property is an ideal addition to any investment portfolio or a great entry point for new investors.

Features

  • None
  • Unfinished
  • 2-Storey

Financials

Annual Taxes
$1,929

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield8.0% – 12.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Cornwall

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Cornwall. Data updates daily.

Our estimate for this home

Priced 35.2% below estimate
Estimated range
$429K$498K
Mid-point $463K · ~$515/sqft
How this listing compares
$429KList · $300K$498K
High confidence·Based on 129 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$300,000
616 Montreal Road, Cornwall
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