26 First Street W Cornwall, Ontario K6J 1B9
$1,299,000
5-PLEX & 5-BAY SHOP! This newly developed 5 unit property is fully vacant, individually serviced and includes heated indoor parking and heated indoor storage. Created in 2024, rent control does not apply to these 5 units. Increase your rents without governance year-over-year if desired. Choose your own tenants, collect premium rents with heated parking and storage options and prime location. Situated a stones-show from Downtown Pitt St. boutiques, fine dining, the mall and riverfront Park. Huge land parcel is 88x264, includes a massive band-new steel 5-bay garage/shop with in-floor heating. Utilize shop for your "specific purpose," or lease to your tenants. Each bay is very deep allowing for storage lockers, e-bike storage etc. Opportunity to create more income parking. Lot is newly fenced & paved. Both buildings are steel clad with metal roofs. This is a turn-key property, no headaches and expense of renovation or turnover. 24hr irrevocable. Call today! (id:28469)
Property Details
| MLS® Number | 1408487 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| ParkingSpaceTotal | 15 |
Building
| ConstructedDate | 2024 |
| CoolingType | None |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Other |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 264 Ft |
| SizeFrontage | 88 Ft |
| SizeIrregular | 88 Ft X 264 Ft |
| SizeTotalText | 88 Ft X 264 Ft |
| ZoningDescription | Cbd |
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October 09 2024 03:47:24
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.