$1,299,000
FOR SALE

Multiplex

Lot: 88 x 264 ft

26 First Street W
Cornwall, ON K6J 1B9 | Downtown

5-PLEX & 5-BAY SHOP! This newly developed 5 unit property is fully vacant, individually serviced and includes heated indoor parking and heated indoor storage. Created in 2024, rent control does not apply to these 5 units. Increase your rents without governance year-over-year if desired. Choose your own tenants, collect premium rents with heated parking and storage options and prime location. Situated a stones-show from Downtown Pitt St. boutiques, fine dining, the mall and riverfront Park. Huge land parcel is 88x264, includes a massive band-new steel 5-bay garage/shop with in-floor heating. Utilize shop for your "specific purpose," or lease to your tenants. Each bay is very deep allowing for storage lockers, e-bike storage etc. Opportunity to create more income parking. Lot is newly fenced & paved. Both buildings are steel clad with metal roofs. This is a turn-key property, no headaches and expense of renovation or turnover. 24hr irrevocable. Call today! (id:47421)
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Listed By RE/MAX AFFILIATES MARQUIS LTD.
Data Provided By Cornwall & District Real Estate Board
MLS® Listing Number 1408487
Last Updated Oct 09, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Downtown
Price History

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Detailed Information
Lot 88 x 264 ft
Listing Contract Date 2024-08-23
Management Company N/A -
Municipal ID 601670144
Ownership Type Freehold
# of Parking Spaces 15
Property Type Multi-family
Transaction Type For sale
Zoning Description CBD
Building
Constructed Date 2024
Cooling Type None
Heating Fuel Electric
Heating Type Baseboard heaters, Other
Stories Total 2
Utility Water Municipal water
Land
Total Size 88 ft X 264 ft
Sewer Municipal sewage system
Size of Irregular Land 88 ft X 264 ft

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