$389,500

For sale

Book a showing

#201 222 First Street, Cornwall - Single Family for Sale

#201 222 First Street, Cornwall, Ontario, K6H0G2

2 beds1 bath1 parking condo fee

#203 311 Water Street West, Cornwall, Ontario, K6J1A5

2 bd2 ba1 pk1,100 ft²+$648/mo

Listed by CENTURY 21 SHIELD REALTY LTD.

#6 65 Race Street, Cornwall, Ontario, K6H1G7

For sale

7 days ago

$239K

#6 65 Race Street, Cornwall, Ontario, K6H1G7

2 bd1 ba1 pk750 ft²+$381/mo

Listed by RE/MAX AFFILIATES MARQUIS LTD.

#2 321 Water Street West, Cornwall, Ontario, K6J1A5

For sale

12 days ago

$495K

#2 321 Water Street West, Cornwall, Ontario, K6J1A5

2 bd2 ba1 pk1,500 ft²+$643/mo

Listed by RE/MAX AFFILIATES MARQUIS LTD.

#307 703 Cotton Mill Street, Cornwall, Ontario, K6H0E7

For sale

29 days ago

$590K

#307 703 Cotton Mill Street, Cornwall, Ontario, K6H0E7

2 bd3 ba1 pk1,500 ft²+$587/mo

Listed by RE/MAX AFFILIATES MARQUIS LTD.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$389,500

Cornwall

Book a showing

Description

Discover this pristine, quiet upper-level end unit, 2-bedroom, 1-bathroom condo in a highly desirable central location in Downtown Cornwall near the Civic Complex, marina and scenic recreation trail. Boasting high-end upgrades like quality appliances, wall air conditioner, radiant floor heating, soaring ceilings, and an open-concept layout, this residence offers comfort and style. Enjoy the spacious deck with awning perfect for outdoor living, plus the convenience of dedicated parking and an onsite storage unit. A perfect blend of modern luxury and convenient living in a prime area - must be viewed to appreciate the quality of this property. Furnishings available at additional cost (to be negotiated with Seller). (id:66096)

Property Details

MLS®: X12775988
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Natural gas, Other
Cooling: Air exchanger, Wall unit
Garage: No Garage
Condo Fee: $360/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,744/yr
Listed: 267 days ago

Rooms

Second level

Bedroom: 3.38 x 4.14 meters
Bedroom 2: 3.38 x 3.22 meters
Kitchen: 3.81 x 3.07 meters
Living room: 5.97 x 3.86 meters
Dining room: 2.74 x 3.81 meters
Bathroom: 3.05 x 2.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (K6H)

This home lists at $389,500, about 6.4× the local median household income of $61,200.

Carrying it typically needs a household income of about $76,083 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$389,500

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $19,475

Min 5%50%

Mortgage payment$2,051/mo

↳ CMHC premium ($14,801 capitalized)

Property tax (est.)$312/mo

Condo fee$360/mo

Total monthly$2,723

Cash Needed to Close

Down payment (5%)$19,475

Land transfer tax$4,318

Est. closing costs$3,669

Total cash needed$27,462

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#201 222 First Street, Cornwall - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K6H)

Book a showing

Full Cost Breakdown