2-Storey Zoned Duplex Available in Cornwall, ON!! Assigned

  • $180,000
  • 4 beds
  • 1 baths
  • 1100-1499 sqft
Assigned

This is a fantastic opportunity to restore this former 6 bedroom, 2 bathroom, duplex into your next income-positive property!! The Seller has converted this duplex-zoned property into a single-family dwelling, and while it will require some cosmetic work in order to restore it to it’s former glory, it is priced at a bargain (3/4 of its current market value)!! The property is located in a great area of Cornwall, near all local amenities, and is an opportunity you won’t want to miss out on!!

We are selling our assignable purchase contract.
Closing is October 15th, 2021
PROPERTY FEATURES
This property is zoned as duplex (as per MPAC), however the current owners have converted this property into a single-family dwelling. Walls and a new bathroom will need to be put back in, in order to create a duplex again. As per MPAC, the previous duplex featured 6 bedrooms and 2 bathrooms, and we believe the property could be restored to that (Buyer to verify).

  • 2-storeys (as per MPAC)
  • 4 bedrooms (previously 6 bedrooms, as per MPAC)
  • 1 bathroom (previously 2 bathrooms, as per MPAC)
    • 3-piece bathroom located on the main floor
    • A sink and toilet are visible on the second floor, which may possibly be where the second bathroom once was (see HERE
  • Built in 1940
  • Above grade: 1100-1499 sq ft (as per MPAC)
  • Unfinished basement: 700-1099 sq ft (as per MPAC) 
    • Laundry area
  • Flooring is a mix of wood, laminate, and tile
  • All appliances are included
  • 200 AMP breaker panel
  • Gas furnace is owned, and is approximately 10-years-old (as per Seller)
  • HWT is rented (exact age unknown, as per Seller)
  • Central AC
  • Roof had a leak approximately 2-years-ago, however the issue has been fixed and there have been no leaks since (as per Seller)
    • There appears to be some cosmetic damage on the ceiling that was likely sustained from this leak (see HERE, 0:12-1:01) 
  • Backyard is a large, treed lot
  • Back porch is currently utilized as a smoking area
  • Large, 2-car, detached garage with ample storage
  • Parking for 2-3 cars on paved driveway
  • On municipal services
  • Lot size: 40 ft x 215 ft (as per MPAC)
  • Zoning: RES20 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating
  • Porches will require work, and may need to be removed
  • Option to convert back to a duplex, if desired (Buyer to verify)

 

Please click HERE for more pictures and information.

Price:
$180,000
Address:
Ninth St W & York St
Cornwall, ON
Square Feet:
1100-1499
Lot Size:
40 ft x 215 ft
Bedrooms:
4
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1940
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location