122 New Street, Cornwall, ON K6H 3G2
Cornwall, ON, K6H 3G2 · 717 - Cornwall
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