Added 1 month ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: CBD
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Age: No Data
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Taxes: 8675
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MLS®#: X11986393
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Days on Site: 17 Days
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Added: Feb 24, 2025 (1 month ago)
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Updated:
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Last Checked: 2 weeks ago
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Listed By: RE/MAX AFFILIATES MARQUIS LTD.
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!
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Area: Cornwall
Community: 717 - Cornwall
Availability Date: Flexible
Assessment Year: 2024
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Heat Type: Baseboard
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Other
Covered Parking Spaces: 12
Fees
Tax Year: 2024
Taxes: $8,675
Taxes Type: Annual
Land
Cross Street: First and Pitt
Municipality District: Cornwall
Parcel Number: 601670144
Lot Depth: 264 Acres
Lot Frontage: 88 Acres
Zoning: CBD
Commercial Specific
Total Area: 3500
Total Area Metric: Sq Ft
Lot Code: Lot
Very Walkable
- Most errands can be accomplished on foot.
Very Bikeable
- Most errands can be accomplished on bike.
St. Matthew Catholic Elementary School
Elementary: CatholicImmaculate Conception Separate School
Elementary: CatholicCornwall Intermediate School
Elementary: PublicSt Columban's Catholic Elementary School
Elementary: CatholicBishop Macdonell Separate School
Elementary: CatholicCentral Public School
Elementary: PublicSt Matthew Catholic Secondary School
Secondary: CatholicÉcole secondaire publique L'Héritage
Secondary: PublicSt Lawrence Secondary School
Secondary: PublicÉcole secondaire catholique La Citadelle
Secondary: CatholicCornwall Collegiate and Vocational School
Secondary: PublicSt Joseph's Secondary School
Secondary: Catholic-
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