308 SECOND Street, Cornwall, ON

$319,900
MLS#:X9445672
2 beds
1 baths
1.0 parking
Residential Condo & Other
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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 $319,900 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.

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

Description

Immerse yourself in the modern elegance of condo living at 308 Second St, #503! Step into this magnificent apt & discover a world of convenience right at your fingertips. Indulge in the heated saltwater pool, gym & rec. room/ kit. area + guest rm & workshop/DIY projects. The moment you step inside this rare gem, you're greeted by a spacious foyer with ample closet/storage space, leading you to a sophisticated open-concept LR/DR/KIT. Admire the sleek quartz countertops, generous storage options & high end appliances. With a bright and airy floor plan welcoming abundant natural light, this stunning condo is a place you'll love coming home to. Bask in the beauty of mesmerizing sunsets on the large West facing balcony. The unit boasts 2 spacious bedrooms +1 bath. The primary bedroom is spacious and overlooks the picturesque West view. incl: 1 + visitor parking, and the convenience of local amenities, the 40 km scenic trails & the majestic St. Lawrence River. 24hrs irrevocable., Flooring: Laminate

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Property Summary

This condo apartment located at 308 SECOND Street, Cornwall is currently for sale and has been available on SousaSells for 732 days. This property is listed at $319,900 with an estimated mortgage of $1,065* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 308 SECOND Street, Cornwall is in the 717 - Cornwall neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 19, 2024
Sold price information is available to members only
Listed Date7/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementOther, Partially Finished
CountyStormont, Dundas and Glengarry
Annual Tax$2,763
Legal DescriptionUNIT 32 LEVEL 1 STORMONT CONDOMINIUM PLAN NO. 1 CORNWALL PT LT 6, S/S SECOND ST, PLAN OF CORNWALL, DESIGNATED AS PT 1, 52R2275 MORE FULLY DESCRIBED IN SCHEDULE A OF DECLARATION NO. S177231; CORNWALL

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit

Interior Features

Security Features

Community Features

Location

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308 SECOND 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 308 SECOND Street 503, Cornwall, ON K6H 1Z1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$95,970 (30.0%)
* Minimum Canadian down payment required for this price is $15,995.
Amortization Period30 Years
Estimated Monthly Payment$1,065Based on a loan of $223,930 over 30 years.
Purchase Price$319,900
Loan Amount$223,930
Provincial Land Transfer Tax:$3,274
Total Estimated Closing Taxes:$3,274

About Purchasing a Home in Cornwall, ON

For a property listed at $319,900 in Cornwall, the legal minimum down payment is $15,995 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 $3,274 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 $3,274.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$471,058

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%

Local Schools Guide

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

Homes & Housing

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.