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228 SECOND STREET W, Cornwall, Ontario, K6H 1G7

MLS® # X13478592
Investment For Sale In East End, Cornwall, Ontario
$600,000
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
228 Second Street W, Cornwall, ON
  • Advertising
228 SECOND STREET W, Cornwall, Ontario, K6H 1G7
$600,000

Property Information:

The subject property is a 6 unit mixed commercial and residential rental building located at 228 Second St. West, Cornwall, Ontatio. In all there are 2 commercial units and two 2 bedroom units and Two 1 bedrom units. Net Income to the Landlord of 2025 is approximately $24,000. There is a 400 amp electrical service, tenant pay separately metered electricty. Heating is supplied by gas fired hot water system. There is a coing operated laundry facility. The building is a three story well maintained century building with lots of parking in a centrally located part of the City. Zoning is SPU 20 which allows a mix of commercial and residential uses. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 3500 - 5000 sqft Square Feet
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Features: Flat site
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 111.3 Feet
  • Lot Frontage: 106.8 Feet
  • Lot Size: 106.9 x 111.4 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Available
  • Zoning: SPU20
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

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Market Price Trends

Single family detached

4.48%

Price change (1 year)

57.15%

Price change (5 years)

All Properties

4.18%

Price change (1 year)

55.36%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 228 SECOND STREET W, Cornwall, Ontario, K6H 1G7

Demographic Information of 228 SECOND STREET W, Cornwall, Ontario, K6H 1G7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,934.57

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.6 %

High school certificate or equivalent

34.04 %

Apprenticeship trade certificate/diploma

10.48 %

College/non-university certificate

25.52 %

University certificate (below bachelor)

0.11 %

University Degree

11.23 %

Commuter

Travel To Work

By Car

94.71 %

By Public Transit

0.06 %

By Walking

1.73 %

By Bicycle

0.06 %

By Other Methods

3.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.62 %

Houses

57.38 %

Own Vs. Rent

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