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City in Ontario
Multi-family homes for sale in Cornwall
There are 27 multi-family homes and income properties for sale in Cornwall today, with a median asking price of $365,000 (-13% vs. all homes in Cornwall).
48,325 people lived in Cornwall at the 2021 Census, in 21,585 households. 54% of households owned their home and 46% rented. The most common homes were single-detached houses (50%) and low-rise apartments (21%). 70% of homes were built before 1981, and 5% since 2011. 88% of commuters went to work by car and 2% by public transit.
Cornwall, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Income Properties for Sale in Cornwall
Listed May 26, 2026
231 Louisa Street
Cornwall, ON K6H 4P9
MultiplexFor Sale
Day to dayLivability
4.5
Schools near listings
out of 10 · averaged over 3,281 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$419,450
In Cornwall
$419,450
In Ontario
$716,900
Median monthly rent
$2,175/mo
In Cornwall
$2,175
In Ontario
$2,499
$443
Per square foot
≈ 16.1 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
190
Median $419,450
Houses 171 · Condos 19
For rent
14
Median $2,175
Houses 13 · Condos 1
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable housing compared to provincial prices
- High school rating of 4.5
- Multiple parks for outdoor activities
- Variety of restaurants and grocery stores
Keep in mind
- Limited public transit options
- Higher rental prices than some nearby areas
The feel of the placeLifestyle
Daily life in Cornwall offers a balance of urban and suburban living, with access to parks and local dining. It is suitable for families and individuals alike.
Within the boundaryWhat's nearby
The boundary
80.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
56
Parks
59
Playgrounds
1
Transit stations
8
Grocery stores
34
Restaurants
16
Cafés
8
Gyms
1
Libraries
17
Pharmacies
Counted across all 80.1 km² of Cornwall. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
4.4/10
Average rating of the 18 rated schools in this area
22
Elementary
10
Secondary
St Anne's School
Catholic · Grades JK–6 · CDSB of Eastern Ontario
7.5/106.7 over 5 yrs571st of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
École élémentaire publique Rose des Vents
Public · French · Grades JK–6 · CÉP de l'Est de l'Ontario
6.9/107.5 over 5 yrs963rd of 3,045 Ontario elementary schools
590 students · EQAO 2024-2025
École élémentaire catholique Notre-Dame
Independent · French · Grades JK–6 · CSDC de l'Est ontarien
6.2/105.4 over 5 yrs1,444th of 3,045 Ontario elementary schools
305 students · EQAO 2024-2025
St Joseph's Secondary School
Catholic · Grades 9–12 · CDSB of Eastern Ontario
6.1/106.1 over 5 yrs367th of 742 Ontario secondary schools
745 students · EQAO 2024-2025
École élémentaire catholique Marie-Tanguay
Independent · French · Grades JK–6 · CSDC de l'Est ontarien
5.8/105.9 over 5 yrs1,729th of 3,045 Ontario elementary schools
370 students · EQAO 2024-2025
St Peter's School
Catholic · Grades JK–6 · CDSB of Eastern Ontario
4.9/105.5 over 5 yrs2,233rd of 3,045 Ontario elementary schools
265 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cornwall, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
48,325
Population (2021)
68.0 km²
Area
711
People per km²
46.6
Median age
$64,537
Median income
54%
Own their home
2.2
People per household
21,585
Households
Every age
- Children (under 15)15.7%
- Working age (15–64)58.9%
- Seniors (65+)25.4%
What is built here
- Detached houses49.5%
- Semi-detached10.2%
- Townhouses5.5%
- Duplexes8.3%
- Low-rise apartments20.6%
- High-rise apartments5.3%
Own or rent
54%Owners
46%Renters
Across 21,585 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier37%
- 1961–198033%
- 1981–199012%
- 1991–20007%
- 2001–20052%
- 2006–20102%
- 2011–20152%
- 2016–20213%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 8.3%
- Born outside Canada
- 11.5%
- Hold a degree or higher
- 45.9%
- Employment rate
- 2%
- Commute by transit
- 88.3%
- Commute by car
- 1.7
- Children per family
- $58,502
- Median income after tax
- $74,582
- Average household income
- 18.1%
- Living on a low income
- $927/mo
- Renters pay, per month
- $903/mo
- Owners pay, per month
- $273,612
- Median home value at census
- 28.6%
- Renters spending 30%+ of income on housing
- 6.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 99 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
What multiplexes in Cornwall actually sell for
At least 64 multiplexes changed hands in Cornwall over the 12 months to September 2026. Half sold above $385,586 and half below, 11.3% higher than the 12 months before. A typical multiplex found its buyer in 47 days — 9 days slower than a year ago.
9 of the last 12 months had at least 5 closed multiplexes sales in Cornwall. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.
- Median sold price
- $386K
- +11.3% year over year
- Days to sell
- 47
- 9 days slower
- Sales closed
- 64
- last 12 months
- Per square foot
- $196
- from 63 sized sales
Three years of sold prices
The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one multiplex here differs from the next.
What buyers actually paid
$958,900
on a $1,000,000 asking price — under ask by $41,100
- Of the asking price
- 95.9%
- Sold over asking
- 10.9%
From 64 sales that closed here in the last 12 months.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Cornwall, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Aug 2026 | 7 | $393,000 | $284K – $412K | 56 | 91.7% |
| Jul 2026 | 7 | $392,500 | $387K – $436K | 64 | 92.0% |
| Jun 2026 | 8 | $345,500 | $314K – $451K | 34 | 96.6% |
| May 2026 | 8 | $362,500 | $280K – $507K | 22 | 96.6% |
| Apr 2026 | 5 | $275,000 | $258K – $284K | 17 | 95.6% |
| Mar 2026 | 8 | $392,500 | $295K – $495K | 53 | 98.2% |
| Feb 2026 | 6 | $425,000 | $303K – $570K | 43 | 98.0% |
| Dec 2025 | 6 | $415,000 | $383K – $474K | 83 | 95.5% |
| Oct 2025 | 9 | $440,000 | $380K – $540K | 49 | 98.0% |
| Sep 2025 | 7 | $365,000 | $330K – $405K | 85 | 93.7% |
| Aug 2025 | 6 | $265,000 | $238K – $375K | 26 | 92.9% |
| Jun 2025 | 6 | $441,500 | $257K – $500K | 25 | 98.1% |
| May 2025 | 6 | $350,000 | $274K – $408K | 25 | 98.0% |
| Apr 2025 | 10 | $320,000 | $268K – $503K | 19 | 96.0% |
| Nov 2024 | 6 | $349,500 | $336K – $450K | 45 | 94.7% |
| Oct 2024 | 10 | $347,500 | $216K – $406K | 40 | 93.8% |
| Sep 2024 | 10 | $341,500 | $241K – $499K | 35 | 96.9% |
| Aug 2024 | 10 | $318,000 | $243K – $381K | 64 | 92.8% |
| Jun 2024 | 5 | $441,000 | $419K – $550K | 43 | 95.3% |
What people ask about Cornwall
How much does a multiplex cost in Cornwall?
Multiplexes in Cornwall sold for a median of $385,586 over the 12 months to September 2026, across at least 64 closed sales — half sold for more and half for less. That is 11.3% higher than the 12 months before it.
How long does it take to sell a multiplex in Cornwall?
A multiplex in Cornwall took a median of 47 days on the market over the 12 months to September 2026. Multiplexes there closed at 95.9% of the asking price on average, with 10.9% selling over asking.
Compiled by HOMEH from sales reported closed in Cornwall on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one multiplex. Not an appraisal or an opinion of value.
More Homes for Sale in Cornwall
190 homes are for sale in Cornwall. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.