7 FIRST STREET E, Cornwall

$50,000

For sale: Other

Other at 7 FIRST STREET E, Cornwall
Property type
Sale Of Business
MLS®
MLS® X12968344
Neighbourhood
717 - Cornwall

Established Downtown Tailoring & Dry Cleaning Business for Sale - Suzy Tailor & Dry Cleaners. An excellent opportunity to own a long-standing and reputable tailoring and dry cleaning business in the heart of downtown Cornwall. This well established business has built a loyal customer base over the years and benefits from steady foot traffic and strong community presence. This is a business only sale located in a leased premises, making it an ideal turnkey opportunity for an owner-operator or entrepreneur looking to step into a ready to run operation. The sale includes: 5 sewing machines, 1 press, Inventory of zippers, threads, and some supplies. The space is fully set up for tailoring and garment care services, allowing a seamless transition for the new owner. With consistent demand for alterations and dry cleaning services, there is strong potential for continued growth and expansion. Affordable purchase price of $50,000 makes this an attractive investment for anyone looking to enter or expand in the industry. Lease Information: The business operates in a leased location. The purchaser will be required to obtain landlord approval and enter into a new lease agreement with the landlord, subject to their terms and conditions.

Sold data

Homes in Cornwall — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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.

Median days to sell
34
Median sale price
$424,900
Sale-to-list ratio
97.7%
Sold above asking
13%

Based on 180 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's — elementaryFraser rating 6.9/10
  • Rose des Vents — elementaryFraser rating 6.7/10
  • St. Joseph's — secondaryFraser rating 6.1/10
  • Marie-Tanguay — elementaryFraser rating 5.6/10
  • Notre-Dame — elementaryFraser rating 5.3/10
  • St Peter's — elementaryFraser rating 5.3/10

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

Currently for sale

Homes for sale near 7 FIRST STREET E