113-115 Montreal Road Cornwall, Ontario K6H 1B2

$225,000

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) (id:49269)

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https://www.realtor.ca/real-estate/29674518/113-115-montreal-road-cornwall-717-cornwall