12 hours on Market

117 First St, Cornwall, Ontario K6H 1K8

Townhouse
7
4
~3500-5000 sqft
$799,500
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Townhouse
7
4
~3500-5000 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$194/sqft

Monthly cost

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Description

EXCEPTIONAL INVESTMENT OPPORTUNITY - POTENTIAL FOURPLEX CONVERSION IN DOWNTOWN CORNWALL! Discover the outstanding investment potential of this beautifully renovated, character-filled property located at 117 First Street East, in the heart of downtown Cornwall. Featuring approximately 3,860 sq. ft. of above-grade space across three levels, this versatile building offers an excellent opportunity for investors seeking to establish a four-unit multifamily residential income property. Previously configured into four separate units, the building features multiple kitchens, bathrooms, spacious living areas, and flexible floor plans, offering significant potential for conversion into four self-contained residential apartments. The property's Central Business District (CBD) zoning permits a wide range of residential and commercial uses, including quadruplex dwellings and apartment buildings, subject to applicable municipal requirements and approvals. Situated on a generous approximately 55 ft. 150 ft. lot with ample on-site parking, the property combines a timeless stone façade with attractive interior renovations and a highly desirable downtown location. Conveniently located near shopping, restaurants, schools, professional services, public transit, and Cornwall's scenic waterfront. Whether you are an experienced investor looking to expand your rental portfolio or a buyer seeking a value-add redevelopment opportunity, this property offers exceptional flexibility and long-term income potential. A rare opportunity to transform a distinctive downtown property into a multifamily residential investment!


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size8,258 SqFt(149.67 x 55.18)
Parking Spaces10
MLS ®NumberX14106156
Community NameDowntown
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Features

Lot size: 8,258 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by ROYAL LEPAGE PERFORMANCE REALTY, Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

141 days

2024

43 days

2023

19 days

New Listings

Past 30 days

4 listings

Compared to

2025

2 listings

2024

0 listing

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

2 units

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$440,000

2024

$241,250

2023

$355,000


Population and Demographics

Overview

Total population 9382
Average household income $75,581

Age (%)

0 to 19
17%
20 to 34
18%
35 to 49
15%
50 to 64
20%
65 and plus
30%

Household composition (%)

Single person
50%
Single family
44%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
French
17%
English and French
3%
Others
2%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget