122 New Street,Cornwall, ON K6H 3G2
Cornwall, ON K6H 3G2
Description
Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers.
Details
| MLS # | X13473244 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 61 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | X13473244 480500 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.19 |
Interior
| Interior Features | Water Heater Owned |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Aluminum Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 1556 |
|---|---|
| Tax Legal Description | LOT 17, PLAN 220 CITY OF CORNWALL |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 3G2 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 3G2) | |
Price: $399,900 low | high Med: $0 On site: 61 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Postal Code | K6H 3G2 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 3G2) | |
Price: $399,900 low | high Med: $0 On site: 61 low | high Med: | |
