315 Montreal Road
Cornwall, ON
- 5,900 sqft
- Commercial Retail
- 569 days on market
Prime Investment Opportunity Near Ottawa and Montreal! Cornwall Mixed-Use Property for Sale!$789,000 (Restaurant on Main Floor + Residential Units Upstairs)Located in the bustling "Le Village" district with high foot trafficJust one block from a large condo development5-minute walk to the local university1.5 km from a major shopping area & waterfront sports parkFully Equipped Restaurant Ready to Operate!Spacious Second Floor: 8 Bedrooms + 2 Living Rooms + 2 Kitchens + 2 Bathrooms + StorageMaximize Cash Flow! Rent out the upper units or live on-site while running the business. The restaurant is one of the few Chinese eateries in town, successfully operating for over 8 years! With a fully equipped kitchen, it can accommodate 80-100 guests and is perfect for buffets, private events, and dine-in service.Features a private party room, ideal for birthday parties, baby showers, and corporate gatherings!Don't miss this rare opportunity!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $8,040
- Originally Listed
- $789,000
- Listed
- February 20, 2025
Price History
Property
- Lot Size
- 48 x 100 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- From McConnell, head West on Montreal Road, property is on the left, just before the church.
- Zoning
- COM70
- Parcel Number
- 601630308
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Hospitality/Food Related
Community
Postal area K6H
- Population
- 30,440
- Private dwellings
- 14,112
- Median age
- 46
- Average household size
- 2.2
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cornwall · last 12 months
- Median sold price
- $405,500
- Homes sold
- 684
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 684 recorded sales of commercial properties in Cornwall over the last 12 months.
Listed by
HOME RUN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 5,900 sq ft
- Price per sq ft
- $120.15
- Annual property tax
- $8,040
- Tax per sq ft
- $1.36
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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