829 First Street East, Cornwall, Ontario, K6H1M9




$49,000
Cornwall
An affordable opportunity to build in the heart of Cornwall! This vacant lot, located near the corner of First Street East and Alice Street, offers an interesting opportunity for a builder, investor or future homeowner looking to bring their vision to life. Zoned RES 20 (Medium Density Residential), the property is situated in an established neighbourhood with convenient access to shopping, schools, transit and everyday amenities. Whether you're considering a new home or exploring other residential possibilities permitted within the zoning, this property is worth a closer look. Offered at $49,000, it's an accessible opportunity to invest in a piece of Cornwall. Buyers are responsible for completing their own due diligence with the City of Cornwall regarding their intended use, including permitted development, building requirements, setbacks and servicing. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 77 days on market, against an average age of 79 days across the listings currently for sale in this city
This vacant land in Cornwall has been listed for 77 days, which is 2 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 $49,000, about 0.8× the local median household income of $61,200.
Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K6H)
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