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9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

MLS® # X12612404
new listing
Investment For Sale In Downtown, Cornwall, Ontario
$949,900
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor With View
9 First Street E, Cornwall, ON - Outdoor With Body Of Water With View
9 First Street E, Cornwall, ON -
9 First Street E, Cornwall, ON -
9 First Street E, Cornwall, ON - Outdoor With Body Of Water With View
9 First Street E, Cornwall, ON - Outdoor With View
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor
9 First Street E, Cornwall, ON - Outdoor With View
9 First Street E, Cornwall, ON - Outdoor With Body Of Water With View
9 First Street E, Cornwall, ON -
9 First Street E, Cornwall, ON -
9 First Street E, Cornwall, ON - Outdoor With Body Of Water With View
9 First Street E, Cornwall, ON - Outdoor With View
  • Advertising
9 FIRST STREET E, Cornwall, Ontario, K6H 1K5
$949,900

Property Information:

Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong mix of occupied and vacant units, providing both reliable rental income and excellent value-add potential. Unit 9 is rented for $1,076 per month plus $80 for water + electric, Unit 9B brings in $1,638 plus electric, and Unit 9D is rented for $875 plus electric, while Units 9A and 9C will both be vacant (with 9A becoming vacant as of December 31st, 2025), offering exceptional flexibility for renovation, repositioning, or maximizing future rents. Each unit is separately metered, ensuring straightforward management. Whether you're looking to expand your portfolio or secure a multi-unit building with strong income growth potential, this 5-plex is a must-see. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: None
  • Exterior Finish: Steel
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 77.0 Feet
  • Lot Frontage: 38.8 Feet
  • Lot Size: 38.8 x 77 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

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Market Price Trends

All Properties

4.96%

Price change (1 year)

66.47%

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 9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 9 FIRST STREET E , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

69/100

Moderate-High

ClimateCheck®

Current data

This property, 9 FIRST STREET E , experiences 11 significant 2-day storms per year, with about 332.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 423.9mm of precipitation per year.

Precipitation Per Storm

Past
332.1mm
2050
423.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 9 FIRST STREET E, Cornwall, Ontario, K6H 1K5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$78,282.55

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.03 %

High school certificate or equivalent

36.08 %

Apprenticeship trade certificate/diploma

7.36 %

College/non-university certificate

23.76 %

University certificate (below bachelor)

0.51 %

University Degree

10.26 %

Commuter

Travel To Work

By Car

82.39 %

By Public Transit

6.0 %

By Walking

9.67 %

By Bicycle

1.51 %

By Other Methods

0.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.88 %

Houses

43.12 %

Own Vs. Rent

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