507-509 2nd Street E
Cornwall, ON K6H 1Z4
- 9Bedrooms
- 3Bathrooms
- 2Parking
- 2500–3000Sq Ft
- $4,211Tax
- 46×66 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 507-509 2nd Street E, Cornwall
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-13 | 2026-07-16 | Login to See Prices | Sold | x13121298 |
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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 507-509 2nd Street E, Cornwall
Summarized Description
- Investment opportunity in central Cornwall.
- Triplex with three spacious 3-bedroom units.
- Units feature original hardwood flooring.
- Each unit has separate hydro metering.
- Turnkey property with long-term tenants.
- Recent exterior upgrades enhance value.
- Parking available via laneway access.
Solid investment opportunity in central Cornwall. This central triplex features three very large 3-bedroom units, each offering spacious layouts and original hardwood flooring throughout in the above grade units. All units are equipped with their own washer and dryer hookups, and each is separately metered for hydro with tenants responsible for their own electricity costs. The building is heated by a gas hot water boiler system and has undergone recent exterior upgrades, including a rebuilt rear deck and stairs, and exterior metal siding. Parking is available at the rear of the property via laneway access. All units are currently occupied by long-term, reliable tenants, making this a turnkey addition to any investors portfolio. Seller also owns 125 Marlborough which this building shares parking area with, which is for sale as well and seller would give preferred price if both purchased together.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,211
- Land Transfer Tax Fee
- $4,973
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Tar and Gravel
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 46.00 ft
- Lot Depth
- 66.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 9
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 4-piece
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- 2nd St E and Marlborough
- Directions
- Corner of 2nd and Marlborough
- MLS® number
- X13121298
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-16
- Listed on
- 2026-05-13
- Days on market
- 64 days
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- CENTURY 21 SHIELD REALTY LTD.
Home Market Value
Current home valuation for 507-509 2nd Street E, Cornwall, Cornwall, ON. Listed for $424,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 507-509 2nd Street E, 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
$21,245
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,146 | $11,855 | $10,113 | $0 |
=Total mortgage | $419,801 | $394,265 | $371,278 | $339,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,050monthly | $1,925monthly | $1,813monthly | $1,660monthly |
Land Transfer Tax
$4,973
$4,973
Around this home
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