$3,659,600
For sale: Vacant Land

Visit the REALTOR website for further information about this Listing. 10.46 acres of fully serviced commercial land at the signalized corner of Marleau Avenue and Nick Kaneb Drive in Cornwall, Ontario. Zoned CC-SC (Community Commercial / Shopping Centre), permitting retail, plaza, big-box, restaurant, professional office, medical, and mixed-use development. Over 1,100 feet of combined frontage on two arterial roads at a fully signalized intersection. Full municipal services at the property line, including water, sanitary, storm, hydro, and natural gas. Vacant land. Three minutes to Highway 401 via the completed Nick Kaneb Drive extension. Directly across Nick Kaneb Drive, a new public secondary school for 1,500 students opens in September 2029. The property borders the Cornwall Business Park, home to distribution centres for Walmart, Loblaws, and Shoppers Drug Mart. Cornwall's population is 54,346, up 10 percent in five years, within a regional trade area of 128,617. Over 1,000 residential units are in the municipal approvals pipeline. Corner lot with excellent visibility and access on two arterials.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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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