$525,000
For sale: Other

This downtown 50 x 176 ft site is developed with an older home that has been converted into office space over time. There is a total of 2,448 square feet excluding the finished basement area. The building houses a single long term tenant with 10 year net to the Landlord lease expirying at the end of June 2034. The property is in excellent condition with many recent improvements including; roofing, eavestrough, windows, flooring, lighting, hot water tank, painting in 2024 totallins some $32,000. +. There are two forced Air Gas furnaces, two 200 amp electrical services. Washroom facilities include 1 x 2piece bath 1 4 piece bath and 1 x 2pc barrier free washroom. The basement is partially finished and this floor area is not included in the area calculation.
Sold data
Homes in Cornwall took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 62, across 175 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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 $424,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 175 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
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