$1,000,000
For sale: Other

The subject property consists of a 1.13-acre parcel of serviced land, with approximately 240 ft of frontage on the east side of Rosemount Ave, by a depth of approximately 239.8 ft of depth. The lot is slightly irregular in shape. There is a paved parking lot with some 34 staff parking spaces behind the building and an addition 16 or so spaces at the front of the building. The site is fully serviced with municipal water and sanitary sewer, electrical, communications and other typical services. Storm drainage is to ditches along Rosemount Ave. No environmental issues were identified, and the assumption is the site is environmentally clean. The site has been improved with a single story office building having approximately 8,300 sq. ft, of overall area that was built in 1974-75. In addition to the main building there is one outbuilding as shown on the attached I-Guide. The main building is complete with sufficient washrooms for its size and is fully air conditioned from one or two roof mounted HVAC systems. The size of the hydro system is not known but, is assumed to be approximately 400 amp single phase. The building is considered to be in good condition overall.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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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