122 New Street
Cornwall, ON K6H 3G2
- 6Bedrooms
- 2Bathrooms
- 6Parking
- 1500–2000Sq Ft
- $1,556Tax
- 60×140 ftLot Size
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Sale & Price History for 122 New Street, Cornwall, Cornwall
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 122 New Street, Cornwall, Cornwall
Summarized Description
- Two storey duplex with two 3-bedroom units
- Vacant main-floor unit ready for occupancy
- Large backyard and double-wide driveway
- Opportunity for rental income generation
- Close to parks, schools, and public transit
- Recent updates including shingles and insulation
- Annual income potential of $8,508
Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,556
- Land Transfer Tax Fee
- $4,100
- Basement Type
- Full, Unfinished
Interior Features
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 60.00 ft
- Lot Depth
- 140.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 3-piece
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- New Street and Gage Ave
- Directions
- From Pitt Street head East onto Balmoral Avenue, turn right onto Gage avenue and right onto New Street and watch for the sign.
- MLS® number
- X13473244
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-22
- Updated on
- 2026-09-02
- Days on market
- 116 days
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 122 New Street, Cornwall, Cornwall, Cornwall, ON. Listed for $375,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 122 New Street, Cornwall, Cornwall
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$18,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $14,250 | $10,463 | $8,925 | $0 |
=Total mortgage | $370,500 | $347,963 | $327,675 | $300,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,809monthly | $1,699monthly | $1,600monthly | $1,465monthly |
Land Transfer Tax
$4,100
$4,100
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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