A great opportunity for investors, renovators or buyers looking to build equity in a convenient Cornwall location. Situated close to grocery stores, schools, public transportation and local amenities, this property offers a practical layout with two bedrooms and a four-piece bathroom on the main level, plus an additional bedroom in the basement.Several of the property's major components have already been updated, including a new 200-amp electrical panel approximately 3 months ago, central air conditioning replaced approximately 2 months ago, a roof replaced approximately 4 years ago, and the sewer lateral replaced both inside and outside. The furnace dates to approximately 2015, and the electric hot water tank was replaced within the past two years.The detached garage offers additional value with its own 60-amp electrical panel and water. The basement provides further opportunity for customization and may offer the potential for a basement apartment or additional living space, subject to municipal approvals and applicable requirements.With many of the major updates already completed, this property provides an opportunity to focus on the interior improvements and create something that suits your needs-whether as a personal residence, income property or long-term investment. As per Seller's Direction 48h Irrevocable required on all offers. (id:28469)
Facts & features
Property
MLS® Number
X13830828
Property Type
Single Family
Community Name
717 - Cornwall
Ownership
Freehold
Features
Carpet Free
Parking Space Total
7
Building
Bathroom Total
2
Bedrooms Above Ground
2
Bedrooms Below Ground
1
Bedrooms Total
3
Architectural Style
Raised Bungalow
Basement Development
Finished
Basement Type
N/a (finished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Vinyl Siding, Brick
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
1
Size Interior
700 - 1,100 Sqft
Type
House
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
120 Ft ,1 In
Size Frontage
50 Ft
Size Irregular
50 X 120.1 Ft
Size Total Text
50 X 120.1 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$1,859/mo
Ontario land transfer tax
$4,873 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.