116 Pitt Street, Cornwall, ON

$595,000
MLS#:X12856122
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] store w apt/office located in the coveted neighborhood of 717 - Cornwall. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $595,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 19.58 x 156.58 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient electric forced air heating

Welcome to 116 Pitt Street, a standout mixed-use opportunity in the heart of downtown Cornwall. This prime property features two spacious units and offers immediate income potential along with flexible future use for investors or entrepreneurs. The ground-floor commercial space is currently configured as a restaurant and showcases a unique enclosed patio with a garage-door-style window system. Open it up for breezy summer service or close it for a cozy atmosphere during cooler months. The space benefits from excellent street visibility and strong pedestrian traffic in Cornwall's vibrant downtown core. Upstairs, the character-filled second-floor apartment offers 2 bedrooms and 1 bathroom, blending charm with urban convenience. The inviting living room features vaulted ceilings, a wood-burning fireplace and a wet bar, creating a warm and welcoming atmosphere. The bright kitchen offers space for both a dining table and counter seating, while the oversized 5-piece bathroom conveniently includes in-suite laundry. The layout is completed by a private second bedroom and a generous primary bedroom with a large window overlooking bustling Pitt Street. A private second-level deck provides a rare outdoor retreat right in the heart of the city. The current owner would like to remain in the property as a tenant, offering attractive built-in income for the new owner under the following proposed terms: Ground Floor Commercial Lease: $4,000/month + HST + utilities + property taxes; Second Floor Apartment: $2,000/month + utilities. With excellent visibility, strong downtown foot traffic, three private parking spaces plus ample street parking, and the potential for immediate rental income, this property presents a compelling opportunity for investors seeking a turnkey asset in Cornwall's downtown core. Don't miss your chance to own this prime slice of Cornwall real estate, make the right move and see it for yourself.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeStore W Apt/Office
Lot Size19.58 × 156.58 Feet
CountyStormont, Dundas and Glengarry
Annual Tax$13,369
Legal DescriptionPT LT 16 N/S FIRST ST PL CORNWALL PT 4 52R611; T/W S106804; S/T INTEREST IN S106804 CITY OF CORNWALL

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeElectric Forced Air
Cooling["Yes"]

Features

Property Features

Community Features

Location

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116 Pitt Street, Cornwall, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 116 Pitt Street, Cornwall, ON K6J 3P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$476,000
Monthly Mortgage$2,766
Property Tax (Est.)$1,114
Utilities & Maint.$350
Total Monthly Cost$4,230

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Cornwall.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.