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405 Tollgate Road

405 Tollgate Road

Cornwall, ON

  • 2 bath
  • approx. 5000 + sqft
  • Other
  • 461 days on market
$595,000Price reduced 60%

The subject property is a 3.84 ha site at 405 Tollgate Rd. just West of McConnell Ave at the Hwy 401 interchange. Zoning is Res 20. The proposal as prepared calls for the construction of 4 x 20 unit residential apartments buildings each with underground parking and the redevelopment of an existing building to be converted to house an additional 12 residential row house units. The proposal calls for the site to be fully serviced. Included with the offering are the concept plans, together with a preliminary site plan development proposal prepared by EVB Engineering and Grant Marion Construction that includes, topographic mapping, preliminary site servicing requirements, run off and storm water storage requirements, An earlier Class D site servicing cost and a list of municipal planning requirements is available. Currently there is a large storage building on site that is shown as being retrofitted for residential purposes. This light warehouse/office building is currently used for storage and office use. It is complete with washrooms and is heated and partially air-conditioned. There is a smaller frame building that is attached to the warehouse on site.

Listing Details

Taxes (2024)
$5,306
Originally Listed
$1,500,000
Listed
June 9, 2025

Price History

Property

Style
Other
Age
31-50
Construction
Metal/Steel Siding
Roof
Metal
Foundation
Concrete
Interior
Storage
Lot Size
66 x 985 Feet

Parking

Garage
Other
Covered Spaces
15
Total Parking
20

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Pitt or McConnell
Zoning
Residential
Parcel Number
601990378
Possession
30-59 days
Occupancy
Owner

Schools

Elementary

  • Sacred Heart School1.7 km

    Catholic · CDSB of Eastern Ontario · 450 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 8% met the provincial standard

  • Eamer's Corners Public School1.7 km

    Public · Upper Canada DSB · 500 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 29% met the provincial standard

  • St. Joseph Intermediate Catholic School1.9 km

    Catholic · CDSB of Eastern Ontario · 275 students

Secondary

  • St Joseph's Secondary School1.8 km

    Catholic · CDSB of Eastern Ontario · 745 students

    Grade 10 literacy: 83% met the provincial standard

  • St Matthew Catholic Secondary School2.6 km

    Catholic · CDSB of Eastern Ontario · 140 students

    Grade 10 literacy: 18% met the provincial standard

  • Cornwall Collegiate and Vocational School3.3 km

    Public · Upper Canada DSB · 575 students

    Grade 10 literacy: 72% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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

Residential Freehold in Cornwall · last 12 months

Median sold price
$407,000
Homes sold
680
Median days on market
31
Sale-to-list price
97.4%

Based on 680 recorded sales of residential freehold properties in Cornwall over the last 12 months.

Listed by

RE/MAX AFFILIATES MARQUIS LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$119,000

Estimated Monthly Payment

$2,923

Land transfer tax

Estimated land transfer tax$8,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,923/mo (20% down, 5.5%)

Taxes: $442/mo · Insurance: $149/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions light warehouse/office building. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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