$49,000
For sale: Vacant Land

An affordable opportunity to build in the heart of Cornwall! This vacant lot, located near the corner of First Street East and Alice Street, offers an interesting opportunity for a builder, investor or future homeowner looking to bring their vision to life. Zoned RES 20 (Medium Density Residential), the property is situated in an established neighbourhood with convenient access to shopping, schools, transit and everyday amenities. Whether you're considering a new home or exploring other residential possibilities permitted within the zoning, this property is worth a closer look. Offered at $49,000, it's an accessible opportunity to invest in a piece of Cornwall. Buyers are responsible for completing their own due diligence with the City of Cornwall regarding their intended use, including permitted development, building requirements, setbacks and servicing.
Sold data
Homes in Cornwall took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 63, across 207 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $424,900.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 207 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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