109 PITT STREET
Cornwall, Ontario
MLS® X13844844
$759,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13844844
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 48Listing description
Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space. The property features a modern commercial unit with an established tenant, providing immediate, stable income.
Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant. Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444.
NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings.
All offers are to contain a 48 hour irrevocable clause.
Property summary
- MLS® number
- X13844844
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 4,600 sq ft
- Land size
- Bldg=32.08 x 121.3 FT
- Annual property taxes
- $11,261.00
- Days on market
- 10 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $759,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD., CORNWALL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.