14 KING Street, Cornwall, ON
Property Highlights
Welcome to this remarkable Unknown fourplex located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,000,000 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 0 Bathrooms
- Premium 127 x 104 ft lot size
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Unknown
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
This four-plex (four row houses) is being built in the most desirable neighborhood of Riverdale. If you are an investor looking for quality and luxury, this is for you! This insulated concrete form building provides high insulation and saves heat cost up to 40%. Metal roof, radiant (in floor) heat, hot water on demand, hardwood and ceramic flooring, rough-in for kitchenette on the upper level, high 10 ft ceiling, gas outlet in the backyard and much more. Each unit can be rented @ $2,500 and will give you a gross revenue of $120,000. These townhouses can be severed and sold separately as well. Seller can hold a mortgage. Driveways will be paved before closing., Flooring: Hardwood, Flooring: Ceramic
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Property Summary
This fourplex located at 14 KING Street, Cornwall is currently for sale and has been available on SousaSells for 644 days. This property is listed at $2,000,000 with an estimated mortgage of $6,657* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 14 KING 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 14 KING Street, Cornwall, ON K6A 2R2
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 $2,000,000 in Cornwall, the legal minimum down payment is $400,000 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 $36,475 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 $36,475.
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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.