109 Pitt Street
Cornwall, ON
4,600 sqft • Commercial Retail • 199 days on market
Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause.
Listing Details
- Taxes (2025)
- $11,261
- Listed
- February 10, 2026
Price History
Property
- Lot Size
- 32.08 x 121.3 Feet
Location & Legal
- Cross Street
- First and Pitt Street
- Zoning
- CBD
- Parcel Number
- 601670181
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Included
- Rental Items
- Nil
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
- 31
- Sale-to-list price
- 97.4%
Based on 682 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
Commercial figures
- Building area
- 4,600 sq ft
- Price per sq ft
- $173.89
- Annual property tax
- $11,261
- Tax per sq ft
- $2.45
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?