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122 New Street, Cornwall, ON K6H 3G2

Cornwall, ON, K6H 3G2 · 717 - Cornwall

6 Beds
2 Baths
Sq Ft
6 Parking
Duplex Type
X13473244 MLS#

About this property

Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers.

Features & Amenities

  • Basement: Full, Unfinished
  • Garage: None
  • Cooling: Window Unit(s)
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Aluminum Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Duplex
Architectural Style 2-Storey
Bedrooms 6
Bathrooms 2
Basement Full, Unfinished
Garage None
Parking Spaces 6
Heat Type Forced Air
Heat Source Gas
Cooling Window Unit(s)
Sewer Sewer
Annual Tax $1,556
Tax Year 2025

Interior Features

Interior Features
Water Heater Owned

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Aluminum Siding
Foundation Details
Poured Concrete
Roof
Asphalt Shingle
Basement
Full, Unfinished

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Window Unit(s)

Parking & Garage

Garage Type
None
Parking Spaces
6
Parking Total
6.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
140.00
Lot Width
60.00

Financial & Tax

Tax Annual Amount
$1,556
Tax Year
2025
Possession Type
Immediate
Possession Details
Immediate

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
13
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
6

Additional Details

Occupant Type
Tenant
Direction Faces
South
County Or Parish
Stormont, Dundas and Glengarry
Cross Street
New Street and Gage Ave
Directions
From Pitt Street head East onto Balmoral Avenue, turn right onto Gage avenue and right onto New Street and watch for the sign.
Special Designation
Unknown
Showing Requirements
Lockbox

Location

122 New Street, Cornwall, ON K6H 3G2, Cornwall, ON, K6H 3G2

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.
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