118 FOURTH Street, Cornwall, ON

$260,000
MLS#:X9443372
2 beds
1 baths
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $260,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Flooring: Ceramic, Great location for this condo and walking distance to down town area. This well maintained 2 bedroom condo is located on the 4th floor with no upstairs neighbors. This condo is also an end unit which offers additional windows for way more sunlight. This unit has a updated galley kitchen with dining area,large open concept living/dining room with entrance to the balcony. Also , 2 large bedrooms with ample closet space, 4pc bathroom with tub and shower. This condo is in move in condition. Unit offers shared laundry room ,outdoor parking,wheel chair accessibility friendly ramp entry and elevator., Flooring: Laminate

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Property Summary

This condo apartment located at 118 FOURTH Street, Cornwall is currently for sale and has been available on SousaSells for 745 days. This property is listed at $260,000 with an estimated mortgage of $865* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 118 FOURTH Street, Cornwall is in the 717 - Cornwall neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 717 - Cornwall, Cornwall.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Condo Apartment architecture in 717 - Cornwall, Cornwall
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cornwall.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 1, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementFull, Finished
CountyStormont, Dundas and Glengarry
Annual Tax$2,229
Legal DescriptionUnit 1 Level 4 Stormout Condominium Plan NO.2 Cornwall part of lots 11&12 S/S of fourth St,being part 1, 52R2793 more Fully Described in schedule A of Declaration No. S187014,interest in S276787,Cornwall

Parking & Garage

Parking Total1.0

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 118 FOURTH Street, Cornwall, ON

Q.What is the asking price for 118 FOURTH Street, Cornwall, ON ?

The current listing price for 118 FOURTH Street, Cornwall, ON in 717 - Cornwall, Cornwall is $260,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom.

Q.What property type and architectural style is 118 FOURTH Street, Cornwall, ON ?

118 FOURTH Street, Cornwall, ON is a Condo Apartment (Apartment) featuring a Full, Finished basement.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle.

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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118 FOURTH 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 118 FOURTH Street E 401, Cornwall, ON K6H 2H9

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cornwall.

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Interest Rate4.00%
Down Payment$78,000 (30.0%)
* Minimum Canadian down payment required for this price is $13,000.
Amortization Period30 Years
Estimated Monthly Payment$865Based on a loan of $182,000 over 30 years.
Purchase Price$260,000
Loan Amount$182,000
Provincial Land Transfer Tax:$2,375
Total Estimated Closing Taxes:$2,375

About Purchasing a Home in Cornwall, ON

For a property listed at $260,000 in Cornwall, the legal minimum down payment is $13,000 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 $2,375 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 $2,375.

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717 - Cornwall, Cornwall Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 717 - Cornwall, Cornwall.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$470,876

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 717 - Cornwall, Cornwall

Elementary Schools

Central
Public200 Amelia Street, Cornwall, Ontario, K6H 0A5
4.9
Sacred Heart
Public1500 Cumberland Street, Cornwall, Ontario, K6J 5V9
2.4
Notre-Dame
Public420 Fifteenth Street West, Cornwall, Ontario, K6J 3K5
5.3
Bridgewood
Public850 Nick Kaneb Drive, Cornwall, Ontario, K6H 6Z2
4.2
Marie-Tanguay
Public1500 Holy Cross Boulevard, Cornwall, Ontario, K6H 2X1
5.6

Secondary Schools

St Matthew Catholic
CatholicCornwall, Ontario
0.0
Cornwall
Public437 Sydney Street, Cornwall, Ontario, K6H 3H9
3.1
La Citadelle
Public510 McConnell Avenue, Cornwall, Ontario, K6H 4M1
4.3
St. Joseph’s
Catholic1500 Cumberland Street, Cornwall, Ontario, K6J 5V9
6.1
St. Lawrence
Catholic1450 Second Street East, Cornwall, Ontario, K6H 5Z8
2.1

717 - Cornwall, Cornwall Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.