318 Third Street W
Cornwall, ON K6J 2P5
- —Bedrooms
- —Bathrooms
- 8Parking
- —Sq Ft
- $8,328Tax
- 88×132 ftLot Size
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About 318 Third Street W, Cornwall
Flooring: Ceramic, Flooring: Laminate, Modern 4-unit income property fronting on two streets in a prime downtown location. Each spacious 2-bedroom unit features a full basement, natural gas heating, central air conditioning, and private parking. Walking distance to downtown restaurants, shopping, services, and the waterfront park with recreational trails. A rare investment opportunity in a highly desirable area! Unit 1 - Rented at $1,090/mth plus utilities. Unit 2 - Rented at $1,576/mth plus utilities. Unit 3 - Rented at $1,114/mth plus utilities. Unit 4 - Rented at $1,114/mth plus utilities. All offers require a 24 hr irrevocable date. 24-hr notice for all appointments. All offers require a 24 hr irrevocable date.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,328
- Land Transfer Tax Fee
- $17,455
- Basement Type
- Full, Partially Finished
Interior Features
- Interior Extras
- Unknown
- 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, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 88.00 ft
- Lot Depth
- 132.00 ft
Parking & Garages
- Garage Type
- Surface
- Garage Spaces
- 8
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- From Pitt Street, travel West on Third Street to subject property.
- Zoning
- Residential
- Directions
- From Pitt Street, travel West on Third Street to subject property.
- MLS® number
- X9516748
- Data source
- oreb
- Status change
- 2026-05-13
- Listed on
- 2024-08-12
- Days on market
- 639 days
- Possession type
- To Be Arranged
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 318 Third Street W, Cornwall, Cornwall, ON. Listed for $1,049,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 318 Third 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
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $549,000 over $500K
$79,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $38,729 | $29,267 | $24,966 | $0 |
=Total mortgage | $1,006,956 | $973,367 | $916,616 | $839,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,916monthly | $4,752monthly | $4,475monthly | $4,097monthly |
Land Transfer Tax
$17,455
$17,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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