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

For saleJust listed

6 days ago

$425K

#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

30 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

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$309,900

Cornwall

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$309,900

$319,900For salePrice drop↓ $10,000 (3%)

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#405 121 Water Street West, Cornwall - Single Family for Sale

#405 121 Water Street West, Cornwall, Ontario, K6J5T8

2 beds1 bath1 parking950 ft²$739/mo condo feeListed 105 days ago

Overview

This 2-bedroom, 1-bathroom condo in Cornwall is for sale offering roughly 950 sq ft of space. Listed at $309,900, it is attractively priced about 25% below the $414,900 median asking price in Cornwall.

Condos for Sale in Cornwall →All real estate in Cornwall →

Description

Priced to sell this condo unit will make a great investment opportunity or transition for seniors downsizing to their own apartment in a secure building with underground parking or a great alternative to having an in-law suite.This is a 2 bedroom condo with a 4pc bath, kitchen, living room and dining room. Although there is no balcony there are wall to wall windows in the living room allowing lots of natural light to flow into this open concept apartment and the windows are screened to allow for fresh air. Unit also features laundry hookups and air conditioning. Please note that new flooring is being installed in the living room, dining room & bedrooms. Great downtown location in a mostly senior building near the downtown core shopping & restaurant district and across from the park, river & bike/walking path. Please note that this is a smoke free building. (id:66096)

Property Details

MLS®: X13593710
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: Other, See Remarks, N/A
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $739/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,343/yr
Listed: 105 days ago

Features

Appliances: Garage door opener remote(s)
Foundation: Concrete
Exterior: Brick
Lot Features: Elevator, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

105d

Cornwall listings, avg age

78d

Price / ft²

$326

List price

$310K

Haho

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Listed by CENTURY 21 SHIELD REALTY LTD. · MICHAEL VANDER MEER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K6J)

This home lists at $309,900, about 5.1× the local median household income of $60,400.

Carrying it typically needs a household income of about $60,534 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $60,400
Population: 17,827
Median age: 46.8
Owner / renter: 54% / 46%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K6J)

$309,900· $326/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,495

Min 5%50%

Mortgage payment$1,632/mo

↳ CMHC premium ($11,776 capitalized)

Property tax (est.)$279/mo

Condo fee$739/mo

Total monthly$2,650

Cash Needed to Close

Down payment (5%)$15,495

Land transfer tax$3,124

Est. closing costs$3,430

Total cash needed$22,049

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