26 First Street W Cornwall, Ontario K6J 1B9
$1,549,000
FULLY VACANT 5-PLEX & 5-BAY SHOP! This newly developed 5 unit property is fully vacant, individually serviced and includes heated indoor parking and heated indoor storage. Created in 2024, rent control does not apply to these 5 units. Increase your rents without governance year-over-year if desired. Choose your own tenants, collect premium rents with heated parking and storage options and prime location. Situated a stones-show from Downtown Pitt St. boutiques, fine dining, the mall and riverfront Lamoureaux 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 your tenants. Each bay is very deep allowing for 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 or turnover. 24hr irrevocable. Call today! (id:37229)
Property Details
| MLS® Number | 1408487 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| Parking Space Total | 15 |
Building
| Constructed Date | 2024 |
| Cooling Type | None |
| Fireplace Present | No |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Other |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 264 Ft |
| Size Frontage | 88 Ft |
| Size Irregular | 88 Ft X 264 Ft |
| Size Total Text | 88 Ft X 264 Ft |
| Zoning Description | Cbd |
https://www.realtor.ca/real-estate/27325503/26-first-street-w-cornwall-downtown
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September 05 2024 10:18:47
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.