1089 ROY Avenue, Cornwall, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $379,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 37.05 x 94.04 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient other configuration
- Notable attributes: In-Law Capability
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
Looking for an affordable home that combines timeless charm, modern comfort, and built-in rental income? This well-maintained bungalow in the heart of Cornwall offers exceptional value for first-time buyers, families, retirees, and investors alike. The main floor features 2 spacious bedrooms and 1 bathroom, blending tasteful updates with original character to create a warm and inviting living space. A standout feature of this property is the self-contained lower-level unit with its own separate side entrance, kitchen, bathroom, living area, and private living space, currently generating $1,500 per month in rental income. This excellent mortgage helper provides immediate cash flow and can significantly reduce monthly ownership costs, making homeownership more attainable for first-time buyers. Outside, enjoy beautifully landscaped front and back yards, partially fenced for added privacy and outdoor enjoyment. The extra-wide driveway easily accommodates up to 4 vehicles, plus a detached single-car garage, offering ample parking for both occupants and guests. Conveniently located close to schools, parks, shopping, and everyday amenities, this versatile property offers the perfect combination of comfortable living and income potential.
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Pricing & Value Insights
Data-driven valuation for 1089 ROY Avenue, Cornwall, ON K6H 4C2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cornwall, ON
For a property listed at $379,900 in Cornwall, the legal minimum down payment is $18,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,174 for this transaction. As this listing is in Cornwall (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,174.
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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.