Home with brick exterior material, street for 9 First St, Cornwall Ontario K6H 1K5
2 days on Market

9 First St, Cornwall, Ontario K6H 1K5

Townhouse
6
5
~3000-3500 sqft
$949,900
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Townhouse
6
5
~3000-3500 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$294/sqft

Monthly cost

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Description

Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong mix of occupied and vacant units, providing both reliable rental income and excellent value-add potential. Unit 9 is rented for $1,076 per month plus $80 for water + electric, Unit 9B brings in $1,638 plus electric, and Unit 9D is rented for $875 plus electric, while Units 9A and 9C will both be vacant (with 9A becoming vacant as of December 31st, 2025), offering exceptional flexibility for renovation, repositioning, or maximizing future rents. Each unit is separately metered, ensuring straightforward management. Whether you're looking to expand your portfolio or secure a multi-unit building with strong income growth potential, this 5-plex is a must-see. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size2,986 SqFt(77 x 38.79)
Parking Spaces4
MLS ®NumberX12612404
Community NameDowntown
Data SourceTRREB
Listing byRE/MAX AFFILIATES MARQUIS LTD.

Features

Heating: Baseboard

Features

Lot size: 2,986 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX AFFILIATES MARQUIS LTD., Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

90 days

Compared to

2024

0 day

2023

0 day

2022

4 days

New Listings

Past 30 days

2 listings

Compared to

2024

1 listing

2023

0 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$430,000

Compared to

2022

$470,000


Population and Demographics

Overview

Total population 9382
Average household income $75,581

Age (%)

0 to 19
17%
20 to 34
18%
35 to 49
15%
50 to 64
20%
65 and plus
30%

Household composition (%)

Single person
50%
Single family
44%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
French
17%
English and French
3%
Others
2%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget