$ 2,000,000

1335 Reneal Street, Cornwall

Rare redevelopment opportunity in the heart of Cornwall. This former school sits on approximately 1.72 acres and offers nearly 20,000 sq. ft. of existing building area with RES-30 medium-to-high density residential zoning already in place. Previously approved for a 17-unit residential conversion, the property presents an exceptional opportunity for investors, developers, and builders seeking to capitalize on the growing demand for housing. Potential permitted uses may include apartments, triplexes, fourplexes, row housing, retirement living, rooming accommodations, and other residential development opportunities, subject to municipal approvals.The site benefits from municipal water and sewer services, natural gas, hydro, ample parking, and a clean environmental record. The substantial existing structure offers significant adaptive reuse potential, while the excess land may provide opportunities for future expansion or additional development, subject to approvals.Opportunities of this scale, with existing zoning, infrastructure, and a proven development concept already established, are becoming increasingly difficult to find. Buyers are encouraged to conduct their own due diligence with the City of Cornwall regarding future development plans and permitted uses. (id:1945)
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Property details for 1335 Reneal Street, Cornwall

Type
Multi-family
Living Area
2 sqft
Lot Size
1.72
Heating
Hot water radiator heat, Natural gas, Radiator, Hot Water
Cooling
None
Annual Taxes
$18,655 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 1335 Reneal Street

Active Listings
172
Min Price
$49,000
Max Price
$10,800,000
Avg Price
$588,842
Days on Market
70
days
Sold Listings
59
Min Sold Price
$128,000
Max Sold Price
$6,200,000
Avg Sold Price
$625,429
Days until Sold
66
days

Neighbourhood Census Data

Cornwall, Ontario

Population
431
Median Age
52.3
Median Income
$29,696
Dwelling Value
$179,316

Housing Tenure

Owners 75%
Renters 28%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 2,601.1/km²
Avg Shelter Cost: $759/mo
Owners with Mortgage: 46.7%
Owners Spending 30%+: 6.7%
Tenants Spending 30%+: 27.3%
English only: 54.7%
French only: 1.2%
English and French: 44.2%
Median Household Income: $53,504
Median Employment Income: $25,792

Price History

Listed
June 12, 2026
by RE/MAX AFFILIATES MARQUIS LTD.
Current Price
$2,000,000
Type
Multi-family
For Sale
1335 Reneal Street

Contact Agent Get in touch about 1335 Reneal Street, Cornwall

HEATHER OUDERKIRK
HEATHER OUDERKIRK
RE/MAX AFFILIATES MARQUIS LTD.

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