For Sale: 428 2nd Street E, Cornwall, ON - REW
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$1,600,000
0 bd • 2 ba • 1 sf • Land/Lot
428 2nd Street E
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$1,600,000
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428 2nd Street ECornwall, ON, K6H 1Z3

  • 0 Bed
  • 2 Bath
  • 1 Sqft
  • Land/Lot

About this home

1.214 ACRES | 2 PINS | 2 STREET FRONTAGES | CENTRAL CORNWALL A two-parcel redevelopment assembly of approximately 1.214 acres at 428 Second Street East and 429 First Street East, offered together as one acquisition. The site has frontage on both Second Street East and First Street East. That dual frontage delivers access, depth and flexibility that is difficult to achieve with a single infill parcel. 428 Second Street East includes the existing former funeral home structure and is zoned SPU20. The adjoining 429 First Street East parcel is zoned RES30. RES30 permits a range of residential forms, including apartments, triplexes, quadruplexes and rowhouses. The SPU20 zoning broadens the site's potential to include offices, medical facilities, retirement homes and the existing funeral-home use, subject to municipal confirmation. The value is straightforward: scale, optionality, frontage and control. A purchaser can evaluate multi unit residential, rental housing, seniors and care, institutional use, adaptive reuse of the existing structure, or a broader redevelopment strategy. The existing building offers an immediate reuse path while the combined assembly provides the scale needed for a more comprehensive concept. Both PINs convey together. Buyer to complete independent due diligence on permitted uses, density, height, parking, access, servicing, environmental matters, HST, site plan requirements, zoning amendments, parcel consolidation and all municipal approvals. No density, redevelopment approval or future use is represented or guaranteed. (id:63626)
Listed by: Nicolas Sigounis, Salesperson, EXIT REALTY MATRIX

Home facts and features

Price details
List Price
$1,600,000
Get Pre-Approved
Gross Taxes for 2025
$14,064
Home facts
Bedrooms
0
Full Bathrooms
2
Property Type
Land/Lot
Lot Size
88 ft x 0 ft (1 ft²)
Depth
Frontage
88.3 feet
Cooling
Fully air conditioned
Agent details
Primary Agent
Nicolas Sigounis
Primary Broker
EXIT REALTY MATRIX
Listing details
Days on REW
1 Day
MLS® Number
X14131112
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
Citadelle School
  • Catholic
  • 7 - 12
Immaculate Conception School
  • Catholic
  • JK - 6
Cornwall Collegiate
  • Public
  • 7 - 12
St Columban's Catholic Elementary School
  • Catholic
  • JK - 8
St. Matthew School
  • Catholic
  • 9 - 12
ÉEP L'Héritage
  • Public
  • 7 - 8
Bridgewood Public School
  • Public
  • JK - 6
St Lawrence School
  • Public
  • 7 - 12
É Élém C Marie-Tanguay
  • Catholic
  • JK - 6
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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Nicolas Sigounis
Office:
613-837-0011
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