361 ALICE Street, Cornwall, ON

$379,900
MLS#:X9451250
0 beds
0 baths
2.0 parking
Residential Freehold
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Property no longer active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 triplex located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium wood 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 28 x 90 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient surface configuration
  • Efficient other heating via gas

Description

Flooring: Tile, Flooring: Hardwood, Flooring: Laminate, Excellent Investment Opportunity! This triplex features two 3-bedroom units and one bachelor unit, all currently tenanted. Unit 361 is rented for $1,300/month plus utilities, Unit 361A for $1,500/month plus utilities, and Unit 361B for $680/month with utilities included. The property is equipped with three hydro meters. Recent upgrades include a new furnace in 2019 and a hot water tank in 2020. 24 hour notice for all showings.

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Property Summary

This triplex located at 361 ALICE Street, Cornwall is currently for sale and has been available on SousaSells for 691 days. This property is listed at $379,900 with an estimated mortgage of $1,265* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 361 ALICE 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
  • Desirable Triplex architecture in 717 - Cornwall, Cornwall
  • Convenient parking space for 2.0 vehicles
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 1, 2024
Sold price information is available to members only
Listed Date9/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionWood
BasementUnfinished
Lot Size28 × 90
CountyStormont, Dundas and Glengarry
Annual Tax$1,935
Legal DescriptionPT LT 200 PL 24 AS IN S319844 (SECONDLY & THIRDLY); CITY OF CORNWALL

Parking & Garage

Parking Total2.0
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

  • Public Transit

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 361 ALICE Street, Cornwall, ON

Q.What is the asking price for 361 ALICE Street, Cornwall, ON ?

The current listing price for 361 ALICE Street, Cornwall, ON in 717 - Cornwall, Cornwall is $379,900.

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

This property features null bedrooms and 0 bathrooms.

Q.What property type and architectural style is 361 ALICE Street, Cornwall, ON ?

361 ALICE Street, Cornwall, ON is a Triplex () featuring a Unfinished basement.

Q.What key property features does 361 ALICE Street, Cornwall, ON offer?

Key property features include: Public Transit.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Surface).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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361 ALICE 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 361 ALICE Street, Cornwall, ON K6H 4S1

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$113,970 (30.0%)
* Minimum Canadian down payment required for this price is $18,995.
Amortization Period30 Years
Estimated Monthly Payment$1,265Based on a loan of $265,930 over 30 years.
Purchase Price$379,900
Loan Amount$265,930
Provincial Land Transfer Tax:$4,174
Total Estimated Closing Taxes:$4,174

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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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.