113-115 Montreal Road

Cornwall, ON

2 bath
1,384 sqft
Commercial Retail
402 days on market

$225,000Price reduced 10%

Versatile mixed-use property located in Cornwall's historic Le Village district.113-115 Montreal Road offers a well-maintained commercial/residential building with flexible use options and long-term potential in a well-established, walkable area. 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 owner-occupied business use. The upper level includes a spacious 1-bedroom apartment (approx. 620 sq ft) with electric baseboard heating and a dedicated hot water tank. A long-term tenant of approximately four years is currently in place, paying $700/month plus utilities, providing consistent supplementary income. The surrounding area is evolving, with two new apartment complexes currently under construction nearby, which may contribute to additional activity and visibility over time. The property is within close proximity to local shops, services, and amenities and may qualify for city incentive programs through the Heart of the City initiative (buyer to verify). Important note: The building is presently open to the main level of 111 Montreal Road. While being sold separately, the properties may be purchased together (arms-length), or the space can be reconfigured into two independent units by reinstating a dividing wall.

Listing Details

Taxes (2024): $2,984
Originally Listed: $250,000
Listed: July 24, 2025

Price History

Listing history

Property

Lot Size: 17.5 x 87.2 Feet

Parking

Garage: None

Location & Legal

Cross Street: Montreal Road and Lawrence Street
Zoning: LVD (Le Village District Zone)
Parcel Number: 601630406
Possession: Immediate
Occupancy: Partial

Property Insights

needs workhot tub

AI-generated from listing photos. Not professional advice.

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: $405,000
Homes sold: 678
Median days on market: 31
Sale-to-list price: 97.4%

Based on 678 recorded sales of commercial properties in Cornwall over the last 12 months.

Listed by

RE/MAX AFFILIATES MARQUIS LTD.

Walk Score

Walk

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area: 1,384 sq ft
Price per sq ft: $162.57
Annual property tax: $2,984
Tax per sq ft: $2.16

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

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