616 Montreal Road, Cornwall
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. (id:1945)
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Property details for 616 Montreal Road, Cornwall
- Type
- Multi-family
- Bedrooms
- 1
- Bathrooms
- 2
- Lot Size
- 54 x 69 FT
- Stories
- 2
- Basement
- Unfinished, N/A
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Exterior
- Vinyl siding
- Annual Taxes
- $1,929 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 616 Montreal Road
Active Listings
3
Min Price
$300,000
Max Price
$395,000
Avg Price
$343,333
Days on Market
87
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cornwall, Ontario
Population
379
Median Age
31.5
Median Income
$18,133
Dwelling Value
$120,157
Housing Tenure
Owners 25%
Renters 75%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 6,412.9/km²
Avg Shelter Cost: $925/mo
Owners with Mortgage: 90%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 66.7%
English only: 72.4%
English and French: 26.3%
Neither: 1.3%
Median Household Income: $26,944
Median Employment Income: $18,496
Price History
Listed
April 20, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$300,000
Type
Multi-family
For Sale
