For Sale: 117 First Street E, Cornwall, ON - REW
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$799,500
7 bd • 4 ba • 3500 - 4999 sf • Multifamily
117 First Street E
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$799,500
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117 First Street ECornwall, ON, K6H 1K8

  • 7 Bed
  • 4 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY - POTENTIAL FOURPLEX CONVERSION IN DOWNTOWN CORNWALL! Discover the outstanding investment potential of this beautifully renovated, character-filled property located at 117 First Street East, in the heart of downtown Cornwall. Featuring approximately 3,860 sq. ft. of above-grade space across three levels, this versatile building offers an excellent opportunity for investors seeking to establish a four-unit multifamily residential income property. Previously configured into four separate units, the building features multiple kitchens, bathrooms, spacious living areas, and flexible floor plans, offering significant potential for conversion into four self-contained residential apartments. The property's Central Business District (CBD) zoning permits a wide range of residential and commercial uses, including quadruplex dwellings and apartment buildings, subject to applicable municipal requirements and approvals. Situated on a generous approximately 55 ft. 150 ft. lot with ample on-site parking, the property combines a timeless stone façade with attractive interior renovations and a highly desirable downtown location. Conveniently located near shopping, restaurants, schools, professional services, public transit, and Cornwall's scenic waterfront. Whether you are an experienced investor looking to expand your rental portfolio or a buyer seeking a value-add redevelopment opportunity, this property offers exceptional flexibility and long-term income potential. A rare opportunity to transform a distinctive downtown property into a multifamily residential investment! (id:63626)
Listed by: Rami Bastawros, Salesperson, ROYAL LEPAGE PERFORMANCE REALTY

Home facts and features

Price details
List Price
$799,500
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Gross Taxes for 2026
$17,591
Home facts
Bedrooms
7
Full Bathrooms
2
Partial Bathrooms
2
Parking Spaces
10
Parking Details
Garage
Property Type
Multifamily
Lot Size
55 ft x 149 ft (8263 ft²)
Depth
149.7 feet
Frontage
55.2 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Full
Agent details
Primary Agent
Rami Bastawros
Primary Broker
ROYAL LEPAGE PERFORMANCE REALTY
Listing details
Days on REW
2 Days
MLS® Number
X14106156
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

Central Public School
  • Public
  • JK - 6
St Columban's Catholic Elementary School
  • Catholic
  • JK - 8
Cornwall Collegiate
  • Public
  • 7 - 12
Immaculate Conception School
  • Catholic
  • JK - 6
Citadelle School
  • Catholic
  • 7 - 12
St. Matthew School
  • Catholic
  • 9 - 12
ÉEP L'Héritage
  • Public
  • 7 - 8
Bridgewood Public School
  • Public
  • JK - 6
St Lawrence School
  • Public
  • 7 - 12
Sacred Heart School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Rami Bastawros
Phone:
(613) 618-1921
Office:
613-830-3350
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