LOT 11 CON 2 TYOTOWN ROAD ROAD, Cornwall

$949,900

For sale: Vacant Land

Vacant Land at LOT 11 CON 2 TYOTOWN ROAD ROAD, Cornwall
Property type
Land
MLS®
MLS® X14135304
Neighbourhood
717 - Cornwall

Major development opportunity in the sought-after Cornwall area of developer-friendly South Glengarry Township. Approx. 17.8 acres zoned Highway Commercial (CH), just 0.5 mile from the Walmart/Michelin Distribution Centre in Cornwall's Industrial Park and minutes from Hwy 401, Exit 796. Surrounded by major logistics operators, including Walmart, Charger Logistics, BVD Group and IFS Logistics. VERSATILE CH ZONING: Permitted uses include private transit depot, place of worship or assembly, outdoor recreation, entertainment, motor vehicle establishment, mini-warehouse/storage, motel, garden centre/greenhouse and contractor's yard, among others. VALUE-ADD POTENTIAL: Two preliminary estate-residential subdivision concepts prepared by EFI Engineering (Project #25-7999), subject to municipal approvals: OPTION 1: 25 half-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 93'11" frontages and 233'3" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater management pond locations and open space. OPTION 2: 17 three-quarter-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 140'1" frontages and 233'7" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater pond locations and open space. Both concepts retain highway commercial frontage on Tyotown Rd for commercial use or potential future income. Phase 1 completed and available with a conditionally accepted offer.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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 LOT 11 CON 2 TYOTOWN ROAD ROAD