414 Second Street W
Cornwall, ON K6J 1H1
- 7Bedrooms
- 6Bathrooms
- 4Parking
- —Sq Ft
- $2,635Tax
- 67×168 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 414 Second Street W, Cornwall
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-11-27 | 2024-12-03 | Login to See Prices | Sold | x11441383 |
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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 414 Second Street W, Cornwall
This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,635
- Land Transfer Tax Fee
- $3,500
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Water Heater, Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Poured Concrete, Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 67.33 ft
- Lot Depth
- 168.20 ft
Exclusions
- Exclusions
- Tenant Belongings
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
- Natural Gas
- Yes
- Hydro
- Yes
- Bedrooms
- 7
- Washrooms
- 6
- Kitchens
- 4
- Family / bonus room
- Yes
Washrooms
- 3-piece, Main
- 7-piece, Second
- 3-piece, Second
- 3-piece, Second
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- Second St West, beside Rookez-Edge
- Zoning
- comm11
- MLS® number
- X11441383
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2024-12-03
- Listed on
- 2024-11-27
- Days on market
- 6 days
- Possession type
- To Be Determined
- Co-op commission
- 2.5
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 414 Second Street W, Cornwall, Cornwall, ON. Listed for $335,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 414 Second 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% of purchase price for homes $500K or less
$16,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $12,730 | $9,347 | $7,973 | $0 |
=Total mortgage | $330,980 | $310,847 | $292,723 | $268,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,616monthly | $1,518monthly | $1,429monthly | $1,309monthly |
Land Transfer Tax
$3,500
$3,500
Around this home
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