Sold for:Sold Apr 3, 2025
$1,499,000

26 First Street W

Cornwall, ON K6J 1B9

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 26 First Street W, Cornwall

2025-02-24
2025-04-03
Sold
Price
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MLS#
x11986543

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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 26 First Street W, Cornwall

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

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,675
Land Transfer Tax Fee
$26,455

Basement Type
Other

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
Other

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Metal/Steel Siding
Roof
Metal
Foundation Details
Other
Special Designation
Unknown

Lot

Lot Front
88.00 ft
Lot Depth
264.00 ft
Lot Size
0.53 ac
Lot Shape
Rectangular

Inclusions

Inclusions
Hot water tanks

Exclusions

Exclusions
Nil

Parking & Garages

Garage Type
Detached
Garage Spaces
5
Parking Spaces
12
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
5
Kitchens
5

Washrooms

  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
First and Pitt
Zoning
CBD
Directions
Located on First St W., between Pitt and Augustus

MLS® number
X11986543
Data source
Toronto Regional Real Estate Board
Status change
2025-04-03
Listed on
2025-02-24
Days on market
38 days
Possession date
2025-03-14
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RE/MAX AFFILIATES MARQUIS LTD.

Home Market Value

Current home valuation for 26 First Street W, Cornwall, Cornwall, ON. Listed for $1,499,000

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Estimated Sales Range

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HOMEH Estimate for 26 First Street W, 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

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$
Cornwall, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $999,000 over $500K

Minimum down payment

$124,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$54,923$41,822$35,676$0
=Total mortgage
$1,428,007$1,390,922$1,309,826$1,199,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,972monthly$6,791monthly$6,395monthly$5,855monthly
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Land Transfer Tax

Provincial

$26,455

Total Land Transfer Tax

$26,455

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