717 - Cornwall / Cornwall, ON K6H 1Z2
Former long term care facility now vacant, excellent opportunity for investor to rebuild. Ideal location Second & Marlborough St. Plans and drawings that are in hand are available under NDA. A Stantec Building condition report indicates the original residential buildings were converted to the present use in the 1960's with further additions in the 1970's and again in 1993. Overall the building boasts some 30,500 sq ft. Roof systems are either asphalt shingle or built up asphalt or membrane roofing. The exterior is brick, with most windows being metal framed with insulating glass. The original buildings were wood frame construction while the additions are thought to be concrete masonry with steel framing. Much of the building is barrier free accessible and serviced with elevators. When last in use the facility boasted 65 rooms, including a mix of private semiprivate and basic accommodation. The facility is complete with common areas, dining facilities, commercial kitchen & more.The property is currently leased to the City of Cornwall for short term accommodation. Details available under NDA.
TRREB MLS® Attribution
MLS® X12222181
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
$9,717
/month · $1,592,000 mortgage
Amortization
Total Interest
$1,323,230
Total Cost
$2,915,230
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX AFFILIATES MARQUIS LTD.