122 New Street, Cornwall
Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers. (id:1945)
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Property details for 122 New Street, Cornwall
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 2
- Lot Size
- 60 x 140 FT
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Window air conditioner
- Exterior
- Aluminum siding
- Annual Taxes
- $1,556 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 122 New Street
Active Listings
3
Min Price
$359,900
Max Price
$429,900
Avg Price
$388,267
Days on Market
82
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cornwall, Ontario
Population
473
Median Age
37.1
Median Income
$25,056
Dwelling Value
$174,653
Housing Tenure
Owners 49%
Renters 54%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,638.0/km²
Avg Shelter Cost: $925/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 42.1%
English only: 57.6%
English and French: 41.3%
Median Household Income: $44,672
Median Employment Income: $25,824
Price History
Listed
June 23, 2026
by RE/MAX AFFILIATES MARQUIS LTD.
Current Price
$375,000
-6.2% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $375,000 | $24,900 (-6.2%) |
| Sep 1, 2026 | $399,900 | Listed |