703-705 First Street E
Cornwall, ON K6H 1M3
- 4Bedrooms
- 2Bathrooms
- 4Parking
- 2000–2500Sq Ft
- $1,621Tax
- 40×107 ftLot Size
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About 703-705 First Street E, Cornwall
Large duplex in an upcoming area of Cornwall. This duplex is in prime location with proximity to shops, school, college and recreational center. Good income with solid tenants. The units are large and similar in size. The main floor unit (which use to be a convenience store) is heated/cooled with a gas furnace and central air conditioning, while the second floor unit is heated with baseboard electric. Renovation to be completed prior to closing are commercial sign removal and residing of the west and rear sides. The detached garage and attached shed offers great parking space and storage possibility. Don't miss this opportunity with the adjacent building also being sold by same owner... possibility to own a large piece of land in prime location. Rents are: $820 plus Hydro/Gas, $998.08 inclusive (Total/year: $21,817). Expenses 2024: Prop Taxes $1623, Insurance $2895, Hydro $2454, Water/Sewer $1400 (Total/year: $8372).
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,621
- Land Transfer Tax Fee
- $2,945
Rental Items
- Rental Equipment
- Air conditioning
- Under Contract
- Air Conditioner
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Carpet Free, Separate Hydro Meter, Separate Heating Controls, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Tar and Gravel
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 107.00 ft
- Lot Size
- 0.1
Inclusions
- Inclusions
- Hot water heaters
Exclusions
- Exclusions
- Tenant's belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Other
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- Baldwin Ave
- Zoning
- Res 20
- Directions
- From Montreal street, Turn left on McConnell, Left on First St E, property located on south side, just before Baldwin Ave.
- Waterfront
- None
- MLS® number
- X12338706
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-12
- Listed on
- 2025-08-12
- Days on market
- 122 days
- Possession date
- 2025-08-31
- Possession type
- Immediate
- Co-op commission
- 2.0
- Seller
- Listed by
- DECOSTE REALTY INC.
Home Market Value
Current home valuation for 703-705 First Street E, Cornwall, Cornwall, ON. Listed for $298,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 703-705 First Street E, Cornwall
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$14,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $11,324 | $8,314 | $7,092 | $0 |
=Total mortgage | $294,424 | $276,514 | $260,392 | $238,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,438monthly | $1,350monthly | $1,271monthly | $1,164monthly |
Land Transfer Tax
$2,945
$2,945
Around this home
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