Was listed for:Expired Nov 30, 2024
$850,000

251-257 Pitt Street

Cornwall, ON K6J 3P8

Multiplex ExpiredNot 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 251-257 Pitt Street, Cornwall

2024-08-29
2024-11-30
Expired
Price
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MLS#
x9517702

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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 251-257 Pitt Street, Cornwall

Looking for a great investment property that has the potential for long term gains!! This approx. 9000 sq ft building has everything you could wish for in a prime, downtown, vibrant area of Cornwall offering an enticing opportunity! The seller has stated that the city may permit 3 separate apartments on the second floor which offers a great opportunity for any investor!! Buyer to do their due diligence with the city of Cornwall. The main floor provides a bright, newly renovated versatile layout, with large showroom, storage room and washroom with a great 5 year leased tenant! The lg front windows create great visibility for the current business along with a full basement for extra storage! Upstairs you will find an open concept design that offers a huge space for the current month to month tenant, 2 washrooms along with plenty of storage space. The building itself has many updates including a new roof 2024!! Call today for details!, Flooring: Hardwood, Flooring: Ceramic

Key Facts & Features

Property Costs

Annual Property Tax Amount
$13,460
Land Transfer Tax Fee
$13,475

Basement Type
Full, Partially Finished

Interior Features

Interior Extras
Water Heater Owned
Security Features
Unknown
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Park

Building

Building Type
Multiplex
Building Style
Unknown

Construction

Exterior Finish
Brick
Roof
Tar and Gravel
Special Designation
Unknown

Lot

Lot Front
42.50 ft
Lot Depth
100.00 ft

Parking & Garages

Garage Type
Other
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Heat Pump
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
Travelling south onto Pitt St. the building is located just past Third St. on the left.
Zoning
CBD
Directions
Travelling south onto Pitt St. the building is located just past Third St. on the left.

MLS® number
X9517702
Data source
oreb
Status change
2024-11-30
Listed on
2024-08-29
Days on market
93 days
Possession type
Immediately
Co-op commission
2
Seller
Listed by
EXSELLENCE TEAM REALTY INC.

Home Market Value

Current home valuation for 251-257 Pitt Street, Cornwall, Cornwall, ON. Listed for $850,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 251-257 Pitt Street, 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

$
Cornwall, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $350,000 over $500K

Minimum down payment

$60,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$31,586$23,715$20,230$0
=Total mortgage
$821,236$788,715$742,730$680,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,010monthly$3,851monthly$3,626monthly$3,320monthly
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Land Transfer Tax

Provincial

$13,475

Total Land Transfer Tax

$13,475

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