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For Sale
Just Listed

113-115 Montreal Road

717 - Cornwall, Cornwall, ON
$225,000
0Bd
0Ba
sqft
17.5 x 87.2 ftlot
CommercialMLS# X13059818Listed 2026-04-292 DOM

Just listed! New listings in Cornwall often receive offers within the first week.

About this home

Not every opportunity in real estate comes with a big price tag... some just need the right eye! As Cornwall continues to see new development and increased activity, areas like Le Village are starting to gain attention-and this is a chance to step in at an approachable price point.113-115 Montreal Road offers a well-maintained mixed-use building with flexible potential for both business and income. The main level features approximately 772 sq ft of functional commercial space, including a large open area, private office, and 2-piece bathroom-well suited for professional services, boutique retail, or an owner-occupied setup. Upstairs, a spacious one-bedroom apartment (approx. 620 sq ft) provides consistent supplementary income, with a long-term tenant in place currently paying $700/month plus utilities. With two new apartment buildings under construction nearby, the surrounding area is seeing increased activity that may contribute to greater visibility and opportunity over time. The property is currently open to the main level of 111 Montreal Road. While being sold separately, the buildings can be purchased together or reconfigured into two independent units by reinstating a dividing wall. Located close to shops, services, and everyday amenities, and with potential eligibility for city incentive programs through the Heart of the City initiative (buyer to verify), this is a flexible and more affordable entry into a mixed-use property in an established area with nearby development activity emerging. (Some photos have virtually staged)

Features

  • Partial

Financials

Annual Taxes
$3,203.25

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield13.3% – 42.7%

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

Market Data — Cornwall

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Cornwall. Data updates daily.

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.

$225,000
113-115 Montreal Road, Cornwall
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