Description

This is a prime location, ideal for hotel, motel, restaurant, possibly a strip mall. The property is for sale only as a development site with the Seller as general contractor who will build and lease back to a tenant or complete a full build out under contract and on completion convey the developed property to the Buyer. The property is located adjacent to the Benson Centre, a multiplex sports facility with 3 rinks, an indoor soccer pitch & more. There is approximately 1.35 acres of land roughly square in shape, It is close to Brookdale Ave with direct access to Hwy 401 and the Bridge to the USA. There is no street number assigned, and the realty tax value was taken from Assessment and 2024 Tax rates. Buyers are cautioned to verify these numbers values as they are only intended as a guide. (id:66096)

Property Details

MLS®: X12264863
Property Type: Vacant Land
Zoning: HC-EX
Interior Size: 1 ft²
Lot Size: 1.36 acres
Frontage: 246 ft
Price per Acre: $435,900 per acre
Property Tax: $9,880/yr
Listed: 487 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

487d

Cornwall listings, avg age

79d

Price / ft²

$595,000

List price

$595K

Haho

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Listed by RE/MAX AFFILIATES MARQUIS LTD. · TERENCE (TERRY) LANDON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K6H)

This home lists at $595,000, about 9.7× the local median household income of $61,200.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $61,200
Population: 30,440
Median age: 46
Owner / renter: 55% / 45%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K6H)

$595,000· $595,000/ft²

For sale

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Financing

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786 SEVENTH Street, Cornwall - Vacant Land for Sale