
Cornwall, ON K6H 1B2
Not every opportunity in real estate comes with a big price tag... some just need the right eye! As Cornwall continues to see new development and increased activity, areas like Le Village are starting to gain attention-and this is a chance to step in at an approachable price point.113-115 Montreal Road offers a well-maintained mixed-use building with flexible potential for both business and income. The main level features approximately 772 sq ft of functional commercial space, including a large open area, private office, and 2-piece bathroom-well suited for professional services, boutique retail, or an owner-occupied setup. Upstairs, a spacious one-bedroom apartment (approx. 620 sq ft) provides consistent supplementary income, with a long-term tenant in place. With two new apartment buildings under construction nearby, the surrounding area is seeing increased activity that may contribute to greater visibility and opportunity over time. The property is currently open to the main level of 111 Montreal Road. While being sold separately, the buildings can be purchased together or reconfigured into two independent units by reinstating a dividing wall. Located close to shops, services, and everyday amenities, and with potential eligibility for city incentive programs through the Heart of the City initiative (buyer to verify), this is a flexible and more affordable entry into a mixed-use property in an established area with nearby development activity emerging. (Some photos have virtually staged)
TRREB MLS® Attribution
MLS® X13059818
Listed by RE/MAX AFFILIATES MARQUIS LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$1,099
/month · $180,000 mortgage
Amortization
Total Interest
$149,611
Total Cost
$329,611
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX AFFILIATES MARQUIS LTD.