



$949,900
Cornwall
Tyotown Road Road, Cornwall, Ontario, K6H5R5
This lot in Cornwall is for sale. It has been on the market 4 days, fresher than the Cornwall average of 79 days.
Major development opportunity in the sought-after Cornwall area of developer-friendly South Glengarry Township. Approx. 17.8 acres zoned Highway Commercial (CH), just 0.5 mile from the Walmart/Michelin Distribution Centre in Cornwall's Industrial Park and minutes from Hwy 401, Exit 796. Surrounded by major logistics operators, including Walmart, Charger Logistics, BVD Group and IFS Logistics. VERSATILE CH ZONING: Permitted uses include private transit depot, place of worship or assembly, outdoor recreation, entertainment, motor vehicle establishment, mini-warehouse/storage, motel, garden centre/greenhouse and contractor's yard, among others. VALUE-ADD POTENTIAL: Two preliminary estate-residential subdivision concepts prepared by EFI Engineering (Project #25-7999), subject to municipal approvals: OPTION 1: 25 half-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 93'11" frontages and 233'3" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater management pond locations and open space. OPTION 2: 17 three-quarter-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 140'1" frontages and 233'7" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater pond locations and open space. Both concepts retain highway commercial frontage on Tyotown Rd for commercial use or potential future income. Phase 1 completed and available with a conditionally accepted offer. (id:66096)
Just listed: 4 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 4 days, which is 75 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 $949,900, about 15.5× the local median household income of $61,200.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 203% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6H)
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