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PCG Group
KELLER WILLIAMS REFERRED URBAN PIERRE CARAPETIAN GROUP REALTY
[email protected] +1(647) 588-9590$ 1,499,000
Est. payment /mo
New
26 First ST W Cornwall, ON K6J 1B9
3,500 SqFt
UPDATED:
02/24/2025 11:19 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $428
Subdivision 717 - Cornwall
MLS Listing ID X11986393
Annual Tax Amount $8,675
Tax Year 2024
Property Sub-Type Investment
Property Description
5-BAY HEATED SHOP AND RESIDENTIAL 5-PLEX! This 5 unit apartment building conversion was completed in 2024. There are 4 one bedroom units and 1 two bedroom unit. Each unit is bright and modern with high ceilings and loft-like appeal. Each unit has in-suite laundry hookups, Quartz counters and is individually metered. Because apartments are "newly created," rent control does not apply. Increase your rents without governance year-over-year if desired. Situated a stones-show from Downtown Pitt St. boutiques, fine dining, the mall and riverfront Park. Huge land parcel is 88x264, includes a massive band-new steel 5-bay garage/shop with in-floor heating. Utilize shop for your "specific purpose," or lease to tenants. CBD zoning allows for many uses. Each bay is very deep allowing for vehicle parking, storage lockers, e-bike storage etc. Opportunity to create more income parking. Lot is newly fenced & paved. Both buildings are steel clad with metal roofs. This is a turn-key property, no headaches and expense of renovation. 24hr irrevocable. Call today!
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 88.0
Lot Depth 264.0
Listed by RE/MAX AFFILIATES MARQUIS LTD.