320 Gleeson Avenue, Cornwall, Ontario

$1,195,000

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10,000

Square feet

About 320 Gleeson Avenue

9 PLEX FOR SALE IN THE GROWING CORNWALL RENTAL MARKET!!! NINE UNIT APARTMENT BUILDING, UPDATED AND SPACIOUS UNITS (APPROXIMATELY 1000 SQUARE FEET) IN A NICE AREA OF THE CITY. GOOD PARKING AND EXTRA INCOME FROM COIN OPERATED LAUNDRY ROOM. THE BUILDING SHOWS VERY WELL WITH LOTS OF PARKING IN FRONT OF THE BUILDING. MINIMUM 24 HOUR NOTICE FOR SHOWINGS.GROSS AND NET INCOME IS BASED ON FULLY OCCUPANCY Total of 8-two bedroom units plus 1-one bedroom unit. Upgrades done last 2 years:- Full New Roof- Renovated Unit 2,4,6,8- Unit 6 Extensive Renovation- Unit 1 Bathroom Overhaul and full Renovation of the unit currently being done. Painting and flooring updated in some units too- Newly Painted common areas in full building- Upgraded all electric panels from fuses to break panels - Building Sewer Lateral Replacement - Brant New.Outdoor shed Removal.Front entrance is being repainted.Potential to generate higher NOI with some units way below market rent levels! One of the Seller is Registered Real Estate Salesperson. (id:6289)

Features of 320 Gleeson Avenue

Listing # X12457460
Price $1,195,000
Bathrooms 0.00
Square Footage 10,000
Acres 0.00
Type Multi-family

Community Information

Address 320 Gleeson Avenue
Subdivision 717 - Cornwall
City Cornwall
Province Ontario
Postal Code K6J1E3

Amenities

Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
Has Basement No

Exterior

Lot Description 114.6 x 103.2 FT

Listing Details

OfficeEXSELLENCE TEAM REALTY INC.

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Listing information last updated on October 12th, 2025 at 2:16pm PDT.