127 Gardner Avenue, Cornwall, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Cornwall. Expertly crafted featuring premium stone and aluminum siding construction, this residence presents an exceptional opportunity offered at $525,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50 x 130 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (4.0 total parking spaces)
- Notable attributes: In-Law Suite, Water Heater Owned
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Attention Investors! An excellent opportunity to add a versatile income-generating property to your investment portfolio! Welcome to 127 Gardner Street, ideally situated just steps from local parks and the St. Lawrence River, with convenient access to St. Lawrence College and everyday amenities, making it an attractive location for tenants and students alike.This triplex, complete with an additional basement in-law suite, offers multiple income streams and excellent flexibility for both investors and owner-occupants. The spacious main-floor unit is currently vacant and was previously rented for $1,800/month, featuring one bedroom, a den, and additional living space in the bright solarium. The vacant basement in-law suite offers a comfortable one-bedroom layout and previously generated $1,400/month. Upstairs, you'll find two occupied units: a one-bedroom apartment currently rented for $824/month, and a bachelor apartment generating $800/month.Currently generating $19,488 in annual gross rental income from just two occupied units, this property offers significant potential for increased cash flow. By renting the two vacant units at their previous rental rates, the property could generate an impressive $4,824/month or $57,888 annually in gross rental income, before expenses.Additional features include one parking space per unit, three 5' x 5' tenant storage lockers, and a spacious 18' x 12' shed offering potential for additional rental income or convenient owner storage.Whether you're looking to expand your investment portfolio, capitalize on the opportunity to increase rental income, or occupy one of the vacant units while having rental income help offset your living expenses, 127 Gardner Street is an opportunity worth exploring! Minimum 24 hours' notice required for all showings. As per Form 244, all offers must contain a 24-hour irrevocable clause.
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Property Summary
This triplex located at 127 Gardner Avenue, Cornwall is currently for sale and has been available for 5 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 127 Gardner Avenue, Cornwall is in the Cornwall neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Cornwall, Cornwall.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cornwall, Cornwall.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- In-Law Suite
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Cornwall?
If you are looking for a house in Cornwall or researching Cornwall real estate for sale, this 4-bedroom triplex at 127 Gardner Avenue, Cornwall, ON offers an exceptional opportunity to buy a home in Cornwall, Ontario. Whether you are a first-time Cornwall home buyer or comparing active Cornwall MLS® homes for sale, working with a dedicated Cornwall buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Cornwall realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Cornwall Buyer Budget & Costs
Estimated mortgage: $1,748*/month*. Estimated Ontario Land Transfer Tax: $6,975. First-time Cornwall home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Cornwall
Frequently Asked Questions about 127 Gardner Avenue, Cornwall, ON
Q.What is the asking price for 127 Gardner Avenue, Cornwall, ON ?
The current listing price for 127 Gardner Avenue, Cornwall, ON in Cornwall, Cornwall is $525,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 127 Gardner Avenue, Cornwall, ON ?
127 Gardner Avenue, Cornwall, ON is a Triplex (2-Storey) featuring a Apartment, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Suite, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cornwall, Cornwall
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 127 Gardner Avenue, Cornwall, ON K6H 5H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cornwall, ON
For a property listed at $525,000 in Cornwall, the legal minimum down payment is $27,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,975 for this transaction. As this listing is in Cornwall (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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