Sold for:Sold Dec 13, 2024
$499,000

520-522 Alice Street

Cornwall, ON K6H 4G5

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 520-522 Alice Street, Cornwall

2024-08-10
2024-12-13
Sold
Price
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MLS#
x9518711

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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 520-522 Alice Street, Cornwall

This well-maintained duplex is a rare find, offering 2 spacious 3-bed units & a 1-bed basement in-law suite. Main level 3-bed unit boast large, eat-in kitchen & spacious den, perfect for relaxing or entertaining. Second level 3-bed is bright & sunny with front & back balconies. Basement in-law suite provides added income & separate side entrance. The property is set on well-kept grounds with a large driveway, providing ample parking space for tenants. Recent upgrades include a new roof (2022), updated AC unit, replacement of one of 2 water heaters & electrical work in the kitchen & basement. Second unit's kitchen has been refreshed with a new backsplash. Property has some new windows, new sealing in the shed, repaired/replaced gutters, a new screen door on one of the 3-bed units, & new toilet in the other. Property has great tenants & offers excellent cap rate, making it a smart investment for any real estate portfolio. Don’t miss out on this opportunity!, Flooring: Tile, Flooring: Laminate, Flooring: Carpet Wall To Wall

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,382
Land Transfer Tax Fee
$6,455

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, Park, Fenced Yard

Building

Building Type
Multiplex
Building Style
Unknown

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
100.00 ft

Parking & Garages

Garage Type
Other
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
Go east on Second Street(past La Citadelle High School) turn left on Alice Street (north side) 520-522 ALICE ST
Zoning
Duplex
Directions
Go east on Second Street(past La Citadelle High School) turn left on Alice Street (north side) 520-522 ALICE ST

MLS® number
X9518711
Data source
oreb
Status change
2024-12-13
Listed on
2024-08-10
Days on market
125 days
Possession type
Immediately
Co-op commission
2.0
Seller
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for 520-522 Alice Street, Cornwall, Cornwall, ON. Listed for $499,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 520-522 Alice Street, 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

$
Cornwall, ON
Minimum Down Payment Required:5.0%

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

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

Around this home

9/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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