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$ 325,000
Est. payment /mo
Price Dropped by $25K
111 Montreal RD Cornwall, ON K6H 1B2
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12304456
Annual Tax Amount $4,089
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
111 Montreal Road offers an opportunity to acquire a well-established commercial/residential building with scale, flexibility, and strong long-term potential in Cornwall's historic Le Village district. The main level provides over 1,600 sq ft of versatile commercial space, well suited for professional, retail, or service-based use. The layout includes a reception area, a combination of private offices and open-concept workspace, a bathroom, kitchenette, fireproof safe room, and generous storage throughout-allowing for a wide range of business configurations. The upper level features two one-bedroom residential units, offering multiple income streams. One unit is currently occupied by a long-term tenant, while the second unit is vacant, providing immediate opportunity for additional rental income or owner occupancy. The surrounding area is evolving, with two new apartment complexes currently under construction nearby, which may contribute to additional activity and visibility over time. The property is within close proximity to local shops, services, and amenities and may qualify for city incentive programs through the Heart of the City initiative (buyer to verify). Important note: The building is currently open to the main level of 113-115 Montreal Road. While being sold separately, the properties may be purchased together (arms-length), or easily converted back into two fully independent buildings by reinstating a dividing wall. A compelling option for investors, entrepreneurs, or professionals seeking a mixed-use property with scale, income potential, and a strong presence within Cornwall's historic Le Village district.
Location
State ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 32.0
Lot Depth 80.16
Others
Security Features No
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.
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