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MLS® X12856122

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 2561 sqft
Garage No
Maintenance Fees 
Taxes $13,369
Days Active 0
Approx. Age 
Avg. Price Per Sqft $232
MLS® Number X12856122

Property Address: 116 Pitt St, Cornwall, ON, K6J3P4

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 116 Pitt Street, a standout mixed-use opportunity in the heart of downtown Cornwall. This prime property features two spacious units and offers immediate income potential along with flexible future use for investors or entrepreneurs. The ground-floor commercial space is currently configured as a restaurant and showcases a unique enclosed patio with a garage-door-style window system. Open it up for breezy summer service or close it for a cozy atmosphere during cooler months. The space benefits from excellent street visibility and strong pedestrian traffic in Cornwall's vibrant downtown core. Upstairs, the character-filled second-floor apartment offers 2 bedrooms and 1 bathroom, blending charm with urban convenience. The inviting living room features vaulted ceilings, a wood-burning fireplace and a wet bar, creating a warm and welcoming atmosphere. The bright kitchen offers space for both a dining table and counter seating, while the oversized 5-piece bathroom conveniently includes in-suite laundry. The layout is completed by a private second bedroom and a generous primary bedroom with a large window overlooking bustling Pitt Street. A private second-level deck provides a rare outdoor retreat right in the heart of the city. The current owner would like to remain in the property as a tenant, offering attractive built-in income for the new owner under the following proposed terms: Ground Floor Commercial Lease: $4, 000/month + HST + utilities + property taxes; Second Floor Apartment: $2, 000/month + utilities. With excellent visibility, strong downtown foot traffic, three private parking spaces plus ample street parking, and the potential for immediate rental income, this property presents a compelling opportunity for investors seeking a turnkey asset in Cornwall's downtown core. Don't miss your chance to own this prime slice of Cornwall real estate, make the right move and see it for yourself. (id:58753)Show Description
MLS® NumberX12856122
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

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