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107 Seventh Street W
717 - Cornwall Cornwall K6J 2Y1

$699,900 /For Sale
Commercial

Main Photo: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 1: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 2: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 3: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 4: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 5: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 6: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 7: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 8: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Photo 9: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12609086
Bus Major:
Apts - 6 To 12 Units
Don't miss out on this 6 plex with an excellent cap rate of 7.88%. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2500 sq. ft. Square Feet
Total Area:
2,500 sq. ft.
Lot Depth:
132'
Lot Frontage:
44'7¼"
Water supply:
Municipal
Zoning:
RES
Heating type:
Baseboard
Garage:
Double Detached
Possession Details:
Tenant
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$3,878 / 2025
Assessment:
$- / 2025
Stormont, Dundas and Glengarry
Cornwall
717 - Cornwall
Public Transit
No
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Dec 08, 2025
Original Price:
Previous Price:
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  • Photo 9: 107 Seventh Street W in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X12609086
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
Data was last updated December 11, 2025 at 04:15 AM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.