$1,200,000
For sale: Other

346 Montreal Rd. is a two storey commercial retail building with approximately 30,000 sq ft of floor area, sitting on 0.89 acres of land with 25 parking spaces. The building is renovated, has 2 X 400 amp 3 phase electrical service, has air-conditioning and has gas hot water heat roof top units. There are 4 washrooms (3 on the main level and one on the second floor. There is a freight Lift (no passengers) servicing the second floor. Interior ceiling height is approximately 9 ft + on the main floor and 9 ft on the second floor. Much of the floor area is open. Ideal location in the heart of Le Village retail area. This property is also for lease at a rental rate to be determined based on tenant's needs.
Sold data
Homes in Cornwall took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 62, across 180 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $424,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 180 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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