1107 Gretchen Court, Cornwall, ON K6H 6T2, Cornwall, ON
Bed 12
Bath 6
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
Property Highlights
For Sale
MLS NO.
X12814648
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
12
Bathrooms
6
Parking
8.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X12814648
Living Area Range
5000 +
Total Bedrooms
12
Bedrooms Above Grade
12
Total Bathrooms
6
Total Kitchens
6
Kitchens Above Grade
6
Rooms Above Grade
30
Interior Features
Water Heater
Fireplace
No
Central Vacuum Yn
No
Construction
Vinyl Siding, Brick
Roof
Asphalt Shingle
Lot Width
110.43
Lot Size Units
SquareFeet
Parking Total
8.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1107 Gretchen Court, Cornwall, ON K6H 6T2
City
Cornwall
Neighbourhood
717 - Cornwall
County / Region
Stormont, Dundas and Glengarry
Province / State
ON
Postal Code
K6H 6T2
Cross Street
Twelfth
Directions
From Twelfth St E head south on Gretchen Crt. Property on Left.
Country
CA
List Price
$2,650,000
Annual Taxes
$11,650
Tax Year
2025
Legal Description
PT BLK 43 PL 365, PT 4 & 5, 52R7773; T/W EASEMENT OVER PT BLK 43 PL 365, PT 2, 52R7773 AS IN ST72655; T/W EASEMENT OVER PT 1, 52R7837 AS IN ST72655; S/T EASEMENT OVER PT 2, 52R7837 IN FAVOUR OF PT BLK 43 PL 365, PT 1, 2 & 3, 52R7773 AS IN ST72655; S/T S297460 SUBJECT TO AN EASEMENT IN GROSS OVER PART 5, 52R8730 AS IN ST150314 CITY OF CORNWALL
Possession Type
Flexible
Possession Details
TBD
Listing Office
RE/MAX AFFILIATES MARQUIS LTD.
Board
Cornwall and District Real Estate Board
Original Entry
2026-02-24T14:38:28Z
Media Updated
2026-02-24T14:49:26Z
Photos Updated
2026-02-24T14:49:26Z
Last Modified
2026-05-21T20:44:11Z
System Modified
2026-07-06T21:28:11.547004Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
None
Co List Office Name
RE/MAX AFFILIATES MARQUIS LTD.
Ddfyn
Yes
Expiration Date
2026-09-30
Foundation Details
Concrete, Slab
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
601910196
Parking Spaces
8
Public Remarks
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
