#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

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

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$249,000

Cornwall

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Overview

This 2-bedroom, 1-bathroom condo in Cornwall is for sale offering roughly 750 sq ft of space. Listed at $249,000, it is attractively priced about 40% below the $414,900 median asking price in Cornwall. It has been on the market 48 days, fresher than the Cornwall average of 79 days.

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

Description

Don't miss this opportunity to own a top floor condo in a convenient location with a view of the St Lawrence River. Perfect for a single occupant, couple, or investor. The bright south-facing windows fill the space with natural light and warmth. Your unit has a convenient large in-unit storage room for your extra items, and the building has a shared coin laundry room on the lower level. Located directly across from Lamoureux Park and its scenic waterfront trails, you're just steps from the Aquatic Centre, the Civic Complex, and the Cornwall Square mall. With close proximity to St. Lawrence College and easy access to transit, the location is a landlord's dream. The unit comes with the most convenient private parking space #35, Immediate possession available. Don't wait call today to book your private viewing! (id:66096)

Property Details

MLS®: X13799898
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Storeys: 3
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $382/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $1,291/yr
Listed: 48 days ago

Area context

Neighbourhood profile (K6H)

This home lists at $249,000, about 4.1× the local median household income of $61,200.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$249,000· $332/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,450

Min 5%50%

Mortgage payment$1,311/mo

↳ CMHC premium ($9,462 capitalized)

Property tax (est.)$108/mo

Condo fee$382/mo

Total monthly$1,801

Cash Needed to Close

Down payment (5%)$12,450

Land transfer tax$2,215

Est. closing costs$3,247

Total cash needed$17,912

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

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#9 55 Race Street, Cornwall - Single Family for Sale

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