$289,000
For sale: Multiplex

WELL-MAINTAINED OWNER OCCUPIED DUPLEX duplex that has been in the same family since 1955. The main-floor owner's unit is vacant, in very nice condition, and has been extremely well maintained - first by the parents and then by their son. The main floor features two bedrooms, a 4-piece bathroom, forced-air gas heating, and a renovated kitchen. It retains most of the original trim and hardwood floors. The main-floor unit has access to portion of the basement and the main floor apt features a private front and rear porch, a private yard, and a detached heated garage workshop - a hobbyist's dream. The second-floor two-bedroom apartment is leased and requires appropriate notice for all showings. Seller requires SPIS signed & submitted with all offer(s) and 1 full business day irrevocable to review any/all offer(s) with the Estate's Lawyer.
Sold data
Multiplex homes in Cornwall took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 80, across 72 recorded sales.
The median sale price was $398,650.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 72 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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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