113-115 MONTREAL ROAD, Cornwall

$225,000

For sale: Other

Other at 113-115 MONTREAL ROAD, Cornwall
Property type
Commercial Retail
MLS®
MLS® X13059818
Neighbourhood
717 - Cornwall

Not every opportunity in real estate comes with a big price tag... some just need the right eye! As Cornwall continues to see new development and increased activity, areas like Le Village are starting to gain attention-and this is a chance to step in at an approachable price point.113-115 Montreal Road offers a well-maintained mixed-use building with flexible potential for both business and income. The main level features approximately 772 sq ft of functional commercial space, including a large open area, private office, and 2-piece bathroom-well suited for professional services, boutique retail, or an owner-occupied setup. Upstairs, a spacious one-bedroom apartment (approx. 620 sq ft) provides consistent supplementary income, with a long-term tenant in place. With two new apartment buildings under construction nearby, the surrounding area is seeing increased activity that may contribute to greater visibility and opportunity over time. The property is currently open to the main level of 111 Montreal Road. While being sold separately, the buildings can be purchased together or reconfigured into two independent units by reinstating a dividing wall. Located close to shops, services, and everyday amenities, and with potential eligibility for city incentive programs through the Heart of the City initiative (buyer to verify), this is a flexible and more affordable entry into a mixed-use property in an established area with nearby development activity emerging. (Some photos have virtually staged)

Sold data

Homes in Cornwall — recent sold market

Homes in Cornwall took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 61, across 203 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $429,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$429,900
Sale-to-list ratio
97.9%
Sold above asking
15%

Based on 203 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cornwall

Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.

Rated schools
18
Elementary
11
Secondary
7
Average rating
4.4 / 10

Top-rated schools in Cornwall

  • St Anne'selementaryFraser rating 6.9/10
  • Rose des VentselementaryFraser rating 6.7/10
  • St. Joseph'ssecondaryFraser rating 6.1/10
  • Marie-TanguayelementaryFraser rating 5.6/10
  • Notre-DameelementaryFraser rating 5.3/10
  • St Peter'selementaryFraser rating 5.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 113-115 MONTREAL ROAD