For saleMLS® X14154482

127 Gardner Avenue, Cornwall, ON K6H 5H5

717 - Cornwall, Cornwall · Near Gardner Ave and Easton Ave · View map

$525,000
3+1Beds
4Baths
2000–2500Sq ft
TriplexType
4 totalParking
Apartment, FinishedBasement
$3,935/yrTaxes
$525,000
FreeholdNo monthly condo fee
Parking for 4Comes with the home
Finished basementExtra living space
Lot 50 x 130 ftThe land comes with the home
Central airCool all summer

About this home

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.

The home

Type
Triplex
Style
2-Storey
Square footage
2000-2500 sq ft
Bedrooms
3
Basement bedrooms
1
Bathrooms
4
Kitchens
4
Rooms
14
Basement
Apartment, Finished
Lot size
50 x 130 ft
Faces
East

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Stone, Aluminum Siding

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Air conditioning
Central Air
Fireplace
No

Garage & parking

Driveway spaces
4
Total parking
4
Parking features
Private

Taxes & other

Property taxes
$3,935/yr
Tax year
2026
Occupancy
Tenant
Possession
Immediate
Cross street
Gardner Ave and Easton Ave
Neighbourhood
717 - Cornwall

More

Price per sq ft
~$233 (at 2,250 sq ft)
MLS® number
X14154482

The home and its surroundings

  • In-Law Suite
  • Water Heater Owned
Want to know something that isn’t listed?
Estimated monthly cost$2,446per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    127 Gardner Avenue, Cornwall, ON K6H 5H5

    717 - Cornwall, Cornwall · Near Gardner Ave and Easton Ave

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    Sold history

    Listing history for 127 Gardner Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 127 Gardner Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 127 Gardner Avenue listed for, and what would it cost each month?

    127 Gardner Avenue is listed for $525,000. With 20% down ($105,000), the mortgage payment would be roughly $2,118 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,446 a month, all in. That figure is an illustration, not a quote.

    Is 127 Gardner Avenue freehold or a condo, and is there a monthly fee?

    127 Gardner Avenue is a triplex in 717 - Cornwall, Cornwall. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 127 Gardner Avenue have?

    127 Gardner Avenue has 3 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2-storey.

    Does 127 Gardner Avenue have a garage and parking?

    The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.

    Does 127 Gardner Avenue have a finished basement?

    The listing describes the basement as apartment, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 127 Gardner Avenue?

    127 Gardner Avenue is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 127 Gardner Avenue, and what is the lot size?

    The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 130 ft.

    How is 127 Gardner Avenue heated and cooled?

    Heating is baseboard (electric). Cooling is central air.

    What are the property taxes for 127 Gardner Avenue?

    Property taxes are $3,935 a year (2026), or about $328 a month.

    Where is 127 Gardner Avenue?

    127 Gardner Avenue is in the 717 - Cornwall community of Cornwall. The nearest main intersection is Gardner Ave and Easton Ave. The postal code is K6H 5H5.

    Is 127 Gardner Avenue still for sale?

    Yes. It is an active listing (MLS® X14154482). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 127 Gardner Avenue asking?

    Similar properties for sale nearby right now include 12 - 12A Cartier Avenue at $460,000 (4 bed), 1206-1208 Easton Avenue at $449,900 (4 bed) and 212 Mc Connell Avenue at $369,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 127 Gardner Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 127 Gardner Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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