1180 Pitt Street, Cornwall, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of 717 - Cornwall. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $625,000 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 1 Bathroom
- Premium 162.33 x 155.64 ft lot size
- Convenient in/out garage included
- equipped with partial central cooling and highly efficient other heating
Description
Prime commercial property offering exceptional visibility on a high-traffic street-ideal for attracting consistent foot and vehicle traffic. The site features 2,250 sq. ft. of building space on lot of just over half-an-acre, with 162.34 ft of frontage on PITT Street and a depth of 155.64 ft. Zoned MUC (Mixed Use Commercial), it supports a wide range of commercial uses along with select residential options. Consider the future redevelopment possibilities (Buyer to conduct due diligence).The interior is well built-out, including two offices and one washroom, while three grade-level loading doors provide efficient access and operational flexibility. The lot is flat, cleared, and primarily paved, complemented by a generously sized grassy area, and is fully serviced (gas, hydro, Bell, water, storm and sanitary sewers, cable, and high-speed internet).This property presents an outstanding investment opportunity in a sought-after commercial corridor - ideal for businesses seeking high visibility, excellent accessibility, and strong long-term growth potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1180 Pitt Street, Cornwall, ON K6J 3T2
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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 $625,000 in Cornwall, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.
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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.