509 CUMBERLAND Street, Cornwall, ON

$275,000
MLS#:X9519145
2 beds
2 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Property no longer active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 1 1/2 Storey detached located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium vinyl siding and other construction, this residence presents an exceptional opportunity offered at $275,000 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 2 Bathrooms
  • Premium 36.15 x 79.45 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Vinyl, Are you looking for a well located home just steps from shopping, restaurants, public transit, and more? At 509 Cumberland you will enjoy the benefits of a well updated home as well as being close to all of Cornwalls amenities. This 2 bedroom + office, 2 bathroom home features a spacious kitchen with access to the rear yard as well as a functional and open living / dining room space. Cozy up to the fireplace in the living room or enjoy a family diner in the dining room! On the main level you'll also find an updated 3 piece bathroom as well as a smaller office/bedroom. Upstairs are two generously sized bedrooms as well as another full 3-piece bathroom conveniently located between. The rear yard has space for kids, pets, as well as a garden. Let your imagination run wild. There is also a smaller garage on the property that is in need of some updating. Don't miss your chance to live in this centrally located home for an affordable price!, Flooring: Laminate

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Property Summary

This detached home located at 509 CUMBERLAND Street, Cornwall is currently for sale and has been available on SousaSells for 686 days. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 509 CUMBERLAND 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?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 717 - Cornwall, Cornwall.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in 717 - Cornwall, Cornwall
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 28, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding, Other
BasementFull, Unfinished
Lot Size36.15 × 79.45
CountyStormont, Dundas and Glengarry
Annual Tax$1,200
Legal DescriptionPT LT 27-28 PL 76 AS IN S303240; S/T & T/W S303240; CORNWALL

Parking & Garage

Parking Total2.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 509 CUMBERLAND Street, Cornwall, ON

Q.What is the asking price for 509 CUMBERLAND Street, Cornwall, ON ?

The current listing price for 509 CUMBERLAND Street, Cornwall, ON in 717 - Cornwall, Cornwall is $275,000.

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

This property features 2 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 509 CUMBERLAND Street, Cornwall, ON ?

509 CUMBERLAND Street, Cornwall, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.

Q.What key property features does 509 CUMBERLAND 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 (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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509 CUMBERLAND 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 509 CUMBERLAND Street, Cornwall, ON K6J 4J3

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$82,500 (30.0%)
* Minimum Canadian down payment required for this price is $13,750.
Amortization Period30 Years
Estimated Monthly Payment$915Based on a loan of $192,500 over 30 years.
Purchase Price$275,000
Loan Amount$192,500
Provincial Land Transfer Tax:$2,600
Total Estimated Closing Taxes:$2,600

About Purchasing a Home in Cornwall, ON

For a property listed at $275,000 in Cornwall, the legal minimum down payment is $13,750 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 $2,600 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 $2,600.

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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.