1520 Gerald Street, Cornwall, ON

$549,900
MLS#:X13052622
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 33.22 x 194.74 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Well-maintained Semi-Detached raised bungalow offering two self-contained units. The upper unit features 2 bedrooms and 1 bathroom with tall ceilings, an oversized master bedroom, and a functional, comfortable layout. The lower unit offers 2 bedrooms and 1 bathroom, with tall ceilings and large windows bringing in plenty of natural light, creating a bright and inviting basement space.Both units include their own kitchen, living area, and in-unit laundry, providing convenience and privacy for occupants. The Fully legal basement apartment was added in 2022 with city permits obtained and closed. Built to code with compliant electrical, proper fire separation, and interconnected smoke detectors providing peace of mind.Currently tenanted with reliable occupants paying $1,945/month (upper) and $1,800/month (lower), on month-to-month leases. Tenants have been in place for several years, offering steady income from day 1 or flexibility for owner occupancy.A solid and turn key opportunity to generate rental income, or offset your mortgage in a well-maintained property.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size33.22 × 194.74 Feet
CountyStormont, Dundas and Glengarry
Annual Tax$3,858.56
Legal DescriptionPT LT 7 PL 255 PT 1 52R7538 CITY OF CORNWALL

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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1520 Gerald Street, Cornwall, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1520 Gerald Street, Cornwall, ON K6H 7G8

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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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.
Financial Audit

Estimated Costs

Loan Amount$439,920
Monthly Mortgage$2,556
Property Tax (Est.)$322
Utilities & Maint.$350
Total Monthly Cost$3,228

Strategic Fiscal Clarity

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