315 Montreal Road

Cornwall, Ontario K6H 1B6

5,900 sqft Interior

48 X 100 Ft Lot size

41 days ago Listed

Virtual tour Partially Air Conditioned Forced Air

About this home

Prime Investment Opportunity Near Ottawa and Montreal! Cornwall Mixed-Use Property for Sale!$789,000 (Restaurant on Main Floor + Residential Units Upstairs)Located in the bustling "Le Village" district with high foot trafficJust one block from a large condo development5-minute walk to the local university1.5 km from a major shopping area & waterfront sports parkFully Equipped Restaurant Ready to Operate!Spacious Second Floor: 8 Bedrooms + 2 Living Rooms + 2 Kitchens + 2 Bathrooms + StorageMaximize Cash Flow! Rent out the upper units or live on-site while running the business. The restaurant is one of the few Chinese eateries in town, successfully operating for over 8 years! With a fully equipped kitchen, it can accommodate 80-100 guests and is perfect for buffets, private events, and dine-in service.Features a private party room, ideal for birthday parties, baby showers, and corporate gatherings!Don't miss this rare opportunity! (id:28469)

Virtual tour

Facts & features

Property

MLS® Number: X11983299
Property Type: Retail
Community Name: 717 - Cornwall

Building

Cooling Type: Partially Air Conditioned
Heating Type: Forced Air
Size Interior: 5,900 Sqft
Utility Water: Municipal Water

Land

Acreage: No
Size Depth: 100 Ft
Size Frontage: 48 Ft
Size Irregular: 48 X 100 Ft
Size Total Text: 48 X 100 Ft
Zoning Description: Com70

The Cornwall market

244 Active listings

$446,500 Median asking price

59% above median This home

33 days Avg. time on market

Browse all Cornwall listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $3,139/mo
Ontario land transfer tax: $10,653 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

315 Montreal Road, Cornwall, Ontario K6H 1B6 · Get directions