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)

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https://www.realtor.ca/real-estate/27948499/26-first-street-w-cornwall-717-cornwall