26 First Street W Cornwall, Ontario K6J 1B9
$1,499,000
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! (id:37229)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X11986393 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| ParkingSpaceTotal | 12 |
Building
| Appliances | Water Heater |
| FireplacePresent | No |
| HeatingType | Baseboard Heaters |
| SizeInterior | 3,500 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| SizeIrregular | 88.0 |
| SizeTotal | 88 Ac |
| SizeTotalText | 88 Ac |
| ZoningDescription | Cbd |
https://www.realtor.ca/real-estate/27947981/26-first-street-w-cornwall-717-cornwall
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March 10 2025 08:31:15
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.