Was listed for:Expired Sep 26, 2025
$499,900

509 Second Street E

Cornwall, ON K6H 1Z4

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 509 Second Street E, Cornwall

2025-05-18
2025-09-26
Expired
Price
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MLS#
x12156876

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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 509 Second Street E, Cornwall

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,072
Land Transfer Tax Fee
$6,473

Basement Type
Full, Finished

Interior Features

Interior Extras
Carpet Free, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Tar and Gravel
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
46.00 ft
Lot Depth
66.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
3
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes

Bedrooms
9
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece
  • 4-piece
  • 4-piece

Municipality
Cornwall
Neighbourhood
Cornwall
Main cross streets
Marlborough & Second St E
Zoning
MULTI
Directions
From Pitt Street, head East on 2nd Street past Marlborough

MLS® number
X12156876
Data source
Toronto Regional Real Estate Board
Status change
2025-09-26
Listed on
2025-05-18
Days on market
131 days
Possession type
Immediate
Co-op commission
2
Seller
Listed by
CENTURY 21 SHIELD REALTY LTD.

Home Market Value

Current home valuation for 509 Second Street E, Cornwall, Cornwall, ON. Listed for $499,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 509 Second 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

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Cornwall, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,996$13,947$11,898$0
=Total mortgage
$493,901$463,857$436,813$399,920
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$2,411monthly$2,265monthly$2,133monthly$1,953monthly
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Land Transfer Tax

Provincial

$6,473

Total Land Transfer Tax

$6,473

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