Sold for:Sold Apr 26, 2025
$459,000

126 Eighth Street W

Cornwall, ON K6J 2Z4

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 126 Eighth Street W, Cornwall

2025-03-12
2025-04-26
Sold
Price
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MLS#
x12017671
2024-10-09
2025-03-31
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 126 Eighth Street W, Cornwall

Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,506
Land Transfer Tax Fee
$5,655

Basement Type
Finished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle, Tar and Gravel
Foundation Details
Block, Concrete
Special Designation
Unknown

Lot

Lot Front
34.00 ft
Lot Depth
164.00 ft
Lot Size
0.12

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Washrooms
5

Washrooms

  • 3-piece
  • 3-piece
  • 3-piece
  • 4-piece
  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
Pitt St & Eight St
Directions
Take Pitt St, Turn Right on Eighth St W. Property will be on the left hand side Between Augustus Street and York Street.

MLS® number
X12017671
Data source
Toronto Regional Real Estate Board
Status change
2025-04-26
Listed on
2025-03-12
Days on market
45 days
Possession type
Other
Co-op commission
2
Seller
Listed by
EXSELLENCE TEAM REALTY INC.

Home Market Value

Current home valuation for 126 Eighth Street W, Cornwall, Cornwall, ON. Listed for $459,000

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Estimated Sales Range

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HOMEH Estimate for 126 Eighth Street W, Cornwall

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Cornwall, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$22,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
$17,442$12,806$10,924$0
=Total mortgage
$453,492$425,906$401,074$367,200
Amortization
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Payment frequency
=Mortgage payment
$2,214monthly$2,079monthly$1,958monthly$1,793monthly
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Land Transfer Tax

Provincial

$5,655

Total Land Transfer Tax

$5,655

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