MLS: X13879088 Date listed: 2026-10-08
205 FIRST St E Cornwall - Cornwall
Investment For sale
Listed for $ 799,000

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- BEDS
- BATH
240 SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
- BATH
240 SQ. FT.
0 GARAGE

Description

Listed by REMAX BOARDWALK REALTY

FIVEPLEX Exceptional Commercial Investment Opportunity in Cornwall! An outstanding opportunity for investors seeking income potential, flexibility, and long-term value in a strategic Cornwall location. Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit. Site plan drawings are available to support further exploration of the property's development potential.Offered with no tenants to inherit, investors have the flexibility to establish their own tenancy strategy, optimize the property's use, and maximize its income potential. The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience. Key bylaw, fire, and electrical requirements have been addressed, providing a foundation for the next owner to pursue their investment objectives.Strategically located near Cornwall Square, a major local shopping destination, with convenient access to the U.S. border, the property benefits from proximity to established amenities and regional transportation routes. Directly across from a Chartwell retirement residence, the location offers additional context for investors evaluating the surrounding neighbourhood and its potential demand. Whether you are expanding your investment portfolio, exploring additional rental income opportunities, or evaluating future redevelopment potential, this property presents a versatile opportunity to acquire a multi-unit asset with room to execute your vision in Cornwall.

Key Facts:

Tax: $5,769 / 2025
Property Type: Investment
Sq. ft. size 240 sq. ft.
Lot Size: 105.7 x 83 feet
Lot Irregularities: PT LT 9 N/S FIRST ST PL CORNWALL PT 1, 52R5228; T/W S266415; CORNWALL
Parking: 7 spaces
Listing #: X13879088
Days on Site: 26 days
Status Change: 26 days ago
Added to CiRealty: 2026-10-08
Updated on: 2026-10-08
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 205 FIRST St E, Cornwall. Listed for $799,000 on 2026-10-08
Property
Property Type: Investment
Style: Apartment
Community: Cornwall
Municipality: 717
Utilities
Water: Municipal
Cooling: N
Heating Type: Elec Hot Water
Building
Size: 240 sq. ft.
Parking
Garage Type: Single Detached
Driveway Spaces: 7
Total Parking Spaces: 7
Land
Frontage: 105.7 feet
Depth: 83 feet
Cross Street: Trans-Canada Hwy/ON-417 E to ON-138 S in North Stormont. Take exit 58 from Trans-Canada Hwy/ON-417 E. Continue on ON-138 S. Drive to First St E in Cornwall
Property
Property Type: Investment
Style: Apartment
Community: Cornwall
Municipality: 717
Building
Size: 240 sq. ft.
Parking
Garage Type: Single Detached
Driveway Spaces: 7
Total Parking Spaces: 7
Land
Frontage: 105.7 feet
Depth: 83 feet
Cross Street: Trans-Canada Hwy/ON-417 E to ON-138 S in North Stormont. Take exit 58 from Trans-Canada Hwy/ON-417 E. Continue on ON-138 S. Drive to First St E in Cornwall
Utilities
Water: Municipal
Cooling: N
Heating Type: Elec Hot Water
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