109 Pitt
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+46 more
$799,900

109 Pitt

Cornwall, Ontario, K6J3P5

Active
4,600
Sq Ft

About This Property

This retail in Cornwall offers 4,600 sq ft of living space. The home features forced air, forced air, electric, natural gas heating, fully air conditioned.

MLS Remarks

Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12776992

Interior

HeatingForced air, Forced air, Electric, Natural gas
CoolingFully air conditioned

Fees & Taxes

Annual Taxes$11,261

Listing Information

MLS#: X12776992


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

$
$159,980
5%20%50%
Estimated Monthly Payment
$3,557
/month
Mortgage
$639,920
Total Interest
$427,145

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

Land Transfer Tax

$
Ontario LTT$12,473
Total Due on Closing$12,473

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

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109 Pitt Cornwall — $799,900 — Not A Dream Realty | Not A Dream Realty