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For Sale

414 Gillespie Avenue

717 - Cornwall, Cornwall, ON
$307,000
3Bd
1Ba
1,300+sqft
2Parking
24.42 x 116.02 ftlot
$236/sqft
DetachedMLS# X12987750Listed 2026-04-1121 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Finished

About this home

Welcome to this charming and budget-friendly 3-bedroom home, ideally located in a convenient neighbourhood close to everyday amenities. Offering a blend of character and modern updates, this property is a fantastic opportunity to step into homeownership or expand your investment portfolio. The recently updated eat-in kitchen features stylish cabinetry and a contemporary backsplash, creating a bright and functional space for daily living. A spacious living room provides plenty of room to relax and entertain. The main floor also offers a versatile bedroom, a dedicated office/den, and a 4-piece bathroom with a tub/shower combination. Upstairs, you'll find two comfortable bedrooms, both complete with walk-in closets, adding valuable storage space. Additional features include an enclosed porch, a fully fenced yard, natural gas furnace, central A/C, updated electrical panel, and roof shingles replaced in 2016. Currently tenanted at $1,550/month plus utilities, this property offers immediate income potential for investors. A smart move in today's market-whether you're starting out or building your portfolio. *As per Seller direction allow 48 hour irrevocable on offers.

Rooms

Main Floor
Living Room3.45 × 3.20 m
Kitchen3.19 × 3.05 m
Dining Room3.21 × 3.49 m
Bedroom4.27 × 2.21 m
Office3.46 × 2.22 m
Second Floor
Bedroom 23.69 × 4.44 m
Bedroom 34.18 × 3.69 m

Features

  • Water Heater Owned
  • Porch Enclosed
  • Finished
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$2,254

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield12.5% – 18.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Cornwall

Days on market21 days
Buyer's MarketSeller's Market

Based on active listings in Cornwall. Data updates daily.

Our estimate for this home

Priced 61.9% below estimate
Estimated range
$746K$867K
Mid-point $806K · ~$620/sqft
How this listing compares
$746KList · $307K$867K
High confidence·Based on 5580 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$307,000
414 Gillespie Avenue, Cornwall
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