405 Tollgate Road, Cornwall, ON

$595,000
MLS#:X12206633
0 beds
2 baths
5000 + sqft
20.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Other other located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $595,000 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.

  • 0 Bedrooms and 2 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 66 x 985 ft lot
  • 20.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Storage
  • Efficient other heating via gas

Description

The subject property is a 3.84 ha site at 405 Tollgate Rd. just West of McConnell Ave at the Hwy 401 interchange. Zoning is Res 20. The proposal as prepared calls for the construction of 4 x 20 unit residential apartments buildings each with underground parking and the redevelopment of an existing building to be converted to house an additional 12 residential row house units. The proposal calls for the site to be fully serviced. Included with the offering are the concept plans, together with a preliminary site plan development proposal prepared by EVB Engineering and Grant Marion Construction that includes, topographic mapping, preliminary site servicing requirements, run off and storm water storage requirements, An earlier Class D site servicing cost and a list of municipal planning requirements is available. Currently there is a large storage building on site that is shown as being retrofitted for residential purposes. This light warehouse/office building is currently used for storage and office use. It is complete with washrooms and is heated and partially air-conditioned. There is a smaller frame building that is attached to the warehouse on site.

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Key Features

0
Bathrooms
2
0
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date6/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeOther
Architectural StyleOther
ConstructionMetal/Steel Siding
BasementNone
Lot Size66 × 985 Feet
CountyStormont, Dundas and Glengarry
Annual Tax$5,306
Legal DescriptionPART LOT 7 CONCESSION 3 CORNWALL, PARTS 1 AND 2 PLAN 52R6869 EXCEPT PARTS 1, 2, 3, 4 AND 5, 52R8315 SUBJECT TO AN EASEMENT AS IN S221309 SUBJECT TO AN EASEMENT OVER PART 6, 52R8315 IN FAVOUR OF PART LOT 7 CONCESSION 3 CORNWALL, PARTS 1, 2, 3, 4 AND 5, PLAN 52R8315 AS IN ST112354 TOGETHER WITH AN EASEMENT OVER PARTS 2 AND 4, 52R8315 AS IN ST112354 CITY OF CORNWALL

Parking & Garage

Parking Spaces20.0
Garage Spaces20
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Wooded/Treed

Interior Features

Storage

Security Features

Community Features

Location

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405 Tollgate Road, 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 405 Tollgate Road E, Cornwall, ON K6H 5R6

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 Rate5.25%
Down Payment$34,500 (5.8%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period25 Years
Estimated Monthly Payment$3,340Based on a loan of $560,500 over 25 years.
Purchase Price$595,000
Loan Amount$560,500
Provincial Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$8,375

About Purchasing a Home in Cornwall, ON

For a property listed at $595,000 in Cornwall, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.

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No current listings found in Cornwall.

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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$531,367

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.