500 FIFTH Street, Cornwall, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $185,000 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
- Premium 59.96 x 109.92 ft lot size
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient public configuration
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great starter home, very clean and has a large back yard with no rear neighbors. Main floor features eat in kitchen and living room. The 1 1/2 story has plenty of head room on the second floor which offers a full bathroom, two bedrooms and a small room 6'8"x 6'3" for an office or nursery. Updates completed in approx. 6 years; electrical, natural gas furnace, hot water heater, central air conditioner, windows. Situated on a large full-size lot with a deck off the back door, a partially fenced yard, and storage shed. Property Tax $1632/2024, Water/Sewer $757.96. No Conveyance of any written signed offers prior to 10 am on June 7 ,2024. Call today!!!, Flooring: Mixed
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Property Summary
This detached home located at 500 FIFTH Street, Cornwall is currently for sale and has been available on SousaSells for 770 days. This property is listed at $185,000 with an estimated mortgage of $616* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 500 FIFTH 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 FIFTH Street W, Cornwall, ON K6J 2V6
Based on 0 recent similar sales in the pocket.
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 $185,000 in Cornwall, the legal minimum down payment is $9,250 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 $1,575 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 $1,575.
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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.