1316 Cumberland Street, Cornwall, ON K6J 4K7
717 - Cornwall, Cornwall · Near Cumberland and Thirteenth · View map
About this home
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 13
- Basement
- Unfinished
- Lot size
- 50 x 100 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $3,169/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Cumberland and Thirteenth
- Neighbourhood
- 717 - Cornwall
More
- Price per sq ft
- ~$286 (at 1,750 sq ft)
- MLS® number
- X13769134
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
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.
1316 Cumberland Street, Cornwall, ON K6J 4K7
717 - Cornwall, Cornwall · Near Cumberland and Thirteenth
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Listing history for 1316 Cumberland Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1316 Cumberland Street
Answers come straight from this home’s MLS® listing.
How much is 1316 Cumberland Street listed for, and what would it cost each month?
1316 Cumberland Street is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,281 a month, all in. That figure is an illustration, not a quote.
Is 1316 Cumberland Street freehold or a condo, and is there a monthly fee?
1316 Cumberland Street is a fourplex 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 1316 Cumberland Street have?
1316 Cumberland Street has 6 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 1316 Cumberland Street 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 1316 Cumberland Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 1316 Cumberland Street?
1316 Cumberland Street is a fourplex. 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 1316 Cumberland Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 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 100 ft.
How is 1316 Cumberland Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 1316 Cumberland Street?
Property taxes are $3,169 a year (2026), or about $264 a month.
Where is 1316 Cumberland Street?
1316 Cumberland Street is in the 717 - Cornwall community of Cornwall. The nearest main intersection is Cumberland and Thirteenth. The postal code is K6J 4K7.
Is 1316 Cumberland Street still for sale?
Yes. It is an active listing (MLS® X13769134). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1316 Cumberland Street asking?
Similar properties for sale nearby right now include 107-109 Cumberland Street at $359,900 (6 bed), 1452 St Michel Avenue at $585,000 (6 bed) and 1450 St Michel Avenue at $585,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1316 Cumberland Street 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 1316 Cumberland Street?
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.
Similar properties nearby
More properties for sale near 717 - Cornwall, picked by style, size and price.
Duplex$359,900107-109 Cumberland Street, Cornwall6 bed · 4 bath · 717 - CornwallCourtesy of: WHEELER SMART CHOICE REALTY BROKERAGEView home →
Fourplex$585,0001452 St Michel Avenue, Cornwall6 bed · 4 bath · 717 - CornwallCourtesy of: EXSELLENCE TEAM REALTY INC.View home →
Fourplex$585,0001450 St Michel Avenue, Cornwall6 bed · 4 bath · 717 - CornwallCourtesy of: EXSELLENCE TEAM REALTY INC.View home →Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.