113-115 Montreal
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$225,000

113-115 Montreal

Cornwall, Ontario, K6H1B2

Active
2
Bathrooms
1,384
Sq Ft

About This Property

This 2-bathroom retail in Cornwall offers 1,384 sq ft of living space. The home features forced air, natural gas heating, partially air conditioned.

MLS Remarks

Versatile mixed-use property located in Cornwall's historic Le Village district.113-115 Montreal Road offers a well-maintained commercial/residential building with flexible use options and long-term potential in a well-established, walkable area. The main level features approximately 772 sq ft of functional commercial space, including a large open area, private office, and 2-piece bathroom-well suited for professional services, boutique retail, or owner-occupied business use. The upper level includes a spacious 1-bedroom apartment (approx. 620 sq ft) with electric baseboard heating and a dedicated hot water tank. A long-term tenant of approximately four years is currently in place, paying $700/month plus utilities, providing consistent supplementary income. The surrounding area is evolving, with two new apartment complexes currently under construction nearby, which may contribute to additional activity and visibility over time. The property is within close proximity to local shops, services, and amenities and may qualify for city incentive programs through the Heart of the City initiative (buyer to verify). Important note: The building is presently open to the main level of 111 Montreal Road. While being sold separately, the properties may be purchased together (arms-length), or the space can be reconfigured into two independent units by reinstating a dividing wall. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12304474

Interior

HeatingForced air, Natural gas
CoolingPartially air conditioned

Fees & Taxes

Annual Taxes$2,984

Listing Information

MLS#: X12304474


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

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Estimated Monthly Payment
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Mortgage
$180,000
Total Interest
$120,150

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$1,975
Total Due on Closing$1,975

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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