REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,549,000
Est. payment | /mo
$ 1,549,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12794896
Annual Tax Amount $10,901
Tax Year 2025
Property Sub-Type Investment
Property Description
CASH FLOW KING: 6-UNIT CORNERSTONE ASSET. Secure a turnkey investment at 272 Pitt St, a prime mixed-use corner asset generating a proven Net Operating Income of $104,040. This fully renovated portfolio features 4 residential apartments and 2 stable commercial anchors, all benefiting from over $450,000 in recent capital improvements. Major upgrades ensure zero deferred maintenance for the next owner, including upgraded breaker panels (separately metered), new PEX plumbing throughout, brand new hot water tanks, and a 100% electric heating system that eliminates landlord gas bills. Interiors impress with new vinyl plank flooring, modern LED lighting, and completely rebuilt kitchens and baths featuring stainless steel appliances and quartz countertops. With a solid 6.7% Cap Rate and VTB financing available for qualified buyers subject to discussions, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Zoning CBD
Interior
Cooling No
Inclusions 4 fridges and stoves, 2 washer and dryers
Exterior
Utilities Available Yes
Lot Frontage 26.21
Lot Depth 177.03
Others
ParcelsYN No
Virtual Tour https://youtu.be/4QXrS7gnl94
Listed by Valery Real Estate Inc.
Nearby Locations
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