26 First Street W, Cornwall, ON, K6J 1B9 - investment for sale | Listing ID 1408487

26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

MLS® # 1408487

Investment For Sale In Downtown, Cornwall, Ontario

$1,549,000

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26 First Street W, Cornwall, ON - Outdoor With Facade

26 First Street W, Cornwall, ON - Outdoor

26 First Street W, Cornwall, ON - Indoor Photo Showing Garage

26 First Street W, Cornwall, ON - Indoor

26 First Street W, Cornwall, ON - Indoor Photo Showing Other Room

26 First Street W, Cornwall, ON - Indoor Photo Showing Bathroom

26 First Street W, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink

26 First Street W, Cornwall, ON - Indoor Photo Showing Kitchen

26 First Street W, Cornwall, ON - Outdoor With Exterior

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,549,000 property in Cornwall

Provided by TD Insurance

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26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

$1,549,000

Property Information:

FULLY VACANT 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 Lamoureaux 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:27)

Building Features:

Style: Multiplex
Heating Type: Baseboard heaters, Other
Heating Fuel: Electric
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 2024
Irregular: Yes
Lot Depth: 264.0 Feet
Lot Frontage: 88.0 Feet
Lot Size: 88 ft X 264 ft
Zoning: CBD
Sewer: Municipal sewage system
No. of Parking Spaces: 15

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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Market Price Trends

Location of 26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 26 FIRST STREET W , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.5℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

69/100

Moderate-High

ClimateCheck®

Current data

This property, 26 FIRST STREET W , experiences 11 significant 2-day storms per year, with about 332.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 423.9mm of precipitation per year.

Precipitation Per Storm

Past

332.1mm

2050

423.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,297.19

Average Number of Children

1.88

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.92 %

High school certificate or equivalent

36.02 %

Apprenticeship trade certificate/diploma

6.9 %

College/non-university certificate

19.03 %

University Degree

12.13 %

Commuter

Travel To Work

By Car

69.64 %

By Public Transit

11.56 %

By Walking

11.28 %

By Bicycle

0.0 %

By Other Methods

7.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.67 %

Houses

61.33 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

26 FIRST STREET W, Cornwall, Ontario, K6J 1B9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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