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New property listed in Cornwall

I have listed a new property at 272 Pitt Street in Cornwall. See details here

Buy a paycheck, not a project. Welcome to 272 Pitt Street, a fully renovated mixed-usecornerstone asset offering exceptional cash flow with a proven Net Operating Income (NOI) of$104,040 and an impressive 7.7% cap rate. For investors seeking strong, stable returns, this property offers the potential to generate significant annual income from day one.This turnkey investment features six income-producing units comprised of four residential apartments and two established commercial units, providing a diversified and resilient revenue stream. More than $450,000 in capital improvements have been invested, leaving virtually no deferred maintenance for the next owner.Extensive upgrades include new electrical panels with separate metering, all-new PEX plumbing, brand-new hot water tanks, and a 100% electric heating system, eliminating landlord gas expenses. Every residential unit has been tastefully modernized with luxury vinyl plank flooring, LED lighting, contemporary kitchens with quartz countertops and stainless steel appliances, and beautifully renovated bathrooms.Whether you're looking to strengthen your portfolio or secure a high-performing asset with immediate income potential, 272 Pitt Street delivers the kind of predictable cash flow investors rarely find in today's market. Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to terms and negotiations. Complete financial statements are available upon request.

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New property listed in Cornwall

I have listed a new property at 272 Pitt Street in Cornwall. See details here

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 new electrical 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 negotiations, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.

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