$ 375,000

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)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

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

Contact Agent Get in touch about 122 New Street, Cornwall

ALAN MCLAUGHLIN-WHEELER
ALAN MCLAUGHLIN-WHEELER
RE/MAX AFFILIATES MARQUIS LTD.