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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2874 sq. ft. Square Feet
Total Area:
2,874 sq. ft.267 m2
Lot Depth:
177'54 m
Lot Frontage:
26'2½"7.99 m
Water supply:
Municipal
Zoning:
CBD
Heating type:
Baseboard
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$10,901 /
2025
Assessment:
$- /
2025
Stormont, Dundas and Glengarry
Cornwall
717 - Cornwall
n/a
4 fridges and stoves, 2 washer and dryers
1 fridge in the 3 bedroom unit and all tenant belongings
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