1225 Second ST W new Save Request In-Person Tour Request Virtual Tour
Cornwall,ON K6J 1J2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 16,500 sqft
Price per Sqft $130
Subdivision 717 - Cornwall
MLS Listing ID X12299215
Annual Tax Amount $30,765
Tax Year 2025
Property Sub-Type Investment
Property Description
17 UNIT APARTMENT, CORNWALL, ONTARIO. Looking for an attractive multi-residential investment property? This property was built by one of Cornwall's premier builders/contractors, has remained in the family since its construction and is now being brought to the market for the first time. The building has been extremely well maintained where pride of ownership is evident throughout the building and the building has great mostly longer term tenancies. The building mix consists of 9 -2 bedroom suites and 8-1 bedroom suites, and all suites have a balcony, designated exterior parking and an ensuite storage area. The building also features a coin operated laundry area for tenant use and the building has experienced over the years a very low vacancy rate due to its great convenient west end location, quality of the building and the buildings continuous maintenance program. The Estate is hoping to find an investor that will continue maintaining this property in a similar fashion. Initial viewings will be arranged for 2 typical 1 and 2 bedroom suites to potential investors subject to RTA guidelines, and the Estate supply the I/E statements to qualified investor/buyers before an offer is made or accepted. Once an offer is accepted a full inspection of the building will be provided as well as any backup information with respect to the stated building expenses a buyer may require, and the Estate requires the "as is" SPIS signed available at the L.B Office &is to be submitted with all offer(s). The Estate requires 3 full business days irrevocable to review any/all offer(s) with their lawyer as a listing condition.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Zoning Mixed Use Commercial ( Residential uses permitted)
Interior
Cooling No
Inclusions Coin laundry machines (2 washers&2dryers); 4 hot water tanks; All refrigerators and stoves in the apartment suites are all operational but are being sold in "as is" condition
Exterior
Community Features Public Transit
Utilities Available Yes
Others
Virtual Tour https://unbranded.youriguide.com/1225_second_st_w_cornwall_on/