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$399,000
Cornwall
1108 Daly Avenue, Cornwall, Ontario, K6J4V8
This 3-bedroom, 2-bathroom home in Cornwall is for sale offering roughly 900 sq ft of space. Listed at $399,000, it is attractively priced about 7% below the $430,000 median asking price in Cornwall. It has been on the market 40 days, fresher than the Cornwall average of 79 days.
A great opportunity for investors, renovators or buyers looking to build equity in a convenient Cornwall location. Situated close to grocery stores, schools, public transportation and local amenities, this property offers a practical layout with two bedrooms and a four-piece bathroom on the main level, plus an additional bedroom in the basement.Several of the property's major components have already been updated, including a new 200-amp electrical panel approximately 3 months ago, central air conditioning replaced approximately 2 months ago, a roof replaced approximately 4 years ago, and the sewer lateral replaced both inside and outside. The furnace dates to approximately 2015, and the electric hot water tank was replaced within the past two years.The detached garage offers additional value with its own 60-amp electrical panel and water. The basement provides further opportunity for customization and may offer the potential for a basement apartment or additional living space, subject to municipal approvals and applicable requirements.With many of the major updates already completed, this property provides an opportunity to focus on the interior improvements and create something that suits your needs-whether as a personal residence, income property or long-term investment. As per Seller's Direction 48h Irrevocable required on all offers. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 79 days across the listings currently for sale in this city
This 3-bed single family in Cornwall has been listed for 40 days, which is 39 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 6.6× the local median household income of $60,400.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6J)
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Loading rates, 30-yr amortization
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