An affordable opportunity to build in the heart of Cornwall! This vacant lot, located near the corner of First Street East and Alice Street, offers an interesting opportunity for a builder, investor or future homeowner looking to bring their vision to life. Zoned RES 20 (Medium Density Residential), the property is situated in an established neighbourhood with convenient access to shopping, schools, transit and everyday amenities. Whether you're considering a new home or exploring other residential possibilities permitted within the zoning, this property is worth a closer look. Offered at $49,000, it's an accessible opportunity to invest in a piece of Cornwall. Buyers are responsible for completing their own due diligence with the City of Cornwall regarding their intended use, including permitted development, building requirements, setbacks and servicing. (id:28469)
Facts & features
Property
MLS® Number
X13689442
Property Type
Vacant Land
Community Name
717 - Cornwall
Land
Acreage
No
Size Depth
28 Ft ,6 In
Size Frontage
45 Ft
Size Irregular
45 X 28.5 Ft
Size Total Text
45 X 28.5 Ft|under 1/2 Acre
Utilities
Cable
Available
Electricity
Available
Sewer
Available
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
$217/mo
Ontario land transfer tax
$245 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $245 back on land transfer tax.