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40 First Street

40 First Street

Cornwall, ON

5 bath • 5,277 sqft • Sale Of Business • 543 days on market

$1,100,000Price reduced 21%

Established circa 1814, Auberge Chesley's Inn predates the formation of Canada itself, making it a cherished historical landmark. This exquisite Georgian-style bed-and-breakfast seamlessly blends timeless charm with modern comforts, offering guests an unforgettable experience. The property features four elegantly appointed bedrooms, each with its ensuite, as well as a spacious two-bedroom self-contained apartment. Meticulously restored and thoughtfully retrofitted, the Inn highlights the architectural beauty of its storied past while providing the conveniences of contemporary living. With a rich legacy spanning over two centuries, Auberge Chesley's Inn has welcomed countless travellers, families, adventurers, and dreamers from around the globe. Each guest has contributed to the Inn's vibrant tapestry, adding to its unique and storied history. Nestled in a prime location, the Inn is just a five-minute walk from the picturesque St. Lawrence River, offering stunning views and serene surroundings. Guests can also explore nearby boutique shops, cozy cafes, and inviting restaurants, all within easy walking distance. Lamoureux Park, a local gem, is also close by, providing a perfect spot for strolls or outdoor activities. For those travelling from further afield, the Inn's strategic location is an added advantage. It is just an hour's drive from both Montreal and Ottawa, making it an ideal destination for weekend getaways or extended stays. Its proximity to major cycling routes also makes it a favourite stop for bicyclists exploring the region. Zoned as part of the Central Business District and equipped with seven designated parking spots, the property offers flexibility for future development, subject to approval from local authorities. Whether you are seeking a tranquil retreat, a base for exploring the region, or a unique investment opportunity, Auberge Chesley's Inn stands as a testament to timeless elegance, rich history, and endless possibilities.

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Listing Details

Taxes (2024)
$5,859
Originally Listed
$1,400,000
Listed
February 24, 2025

Price History

Property

Lot Size
86 x 131 Feet

Location & Legal

Cross Street
Augustus and First St. W.
Zoning
Commercial
Parcel Number
601670141
Possession
Flexible

Commercial

Business Type
Bed & Breakfast
Occupancy
Owner

Included

Exclusions
All Chattels including Draperies

Community

Postal area K6J

Population
17,827
Private dwellings
8,263
Median age
46.8
Average household size
2.2
Median household income
$60,400

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
$405,000
Homes sold
682
Median days on market
30
Sale-to-list price
97.4%

Based on 682 recorded sales of commercial properties in Cornwall over the last 12 months.

Listed by

SOTHEBY'S INTERNATIONAL REALTY CANADA, BROKERAGE

Location

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