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$2,150,000

Est. payment - /mo

16,500 SqFt

New

1225 Second ST W Cornwall, ON K6J 1J2

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Jasmine Lee

jasmine@getjlt.com +1(416) 875-4880

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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

Lot Frontage 187.75

Lot Depth 107.77

Others

Security Features No

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Listed by CAMERON REAL ESTATE BROKERAGE

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Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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1225 Second ST W Cornwall, ON K6J 1J2

Jasmine Lee

Key Details

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