272 Pitt Street
Cornwall, ON
- 2,874 sqft
- Investment
- 199 days on market
CASH FLOW KING: 6-UNIT CORNERSTONE ASSET. Secure a turnkey investment at 272 Pitt St, a prime mixed-use corner asset generating a proven Net Operating Income of $104,040. This fully renovated portfolio features 4 residential apartments and 2 stable commercial anchors, all benefiting from over $450,000 in recent capital improvements. Major upgrades ensure zero deferred maintenance for the next owner, including upgraded breaker panels (separately metered), new PEX plumbing throughout, brand new hot water tanks, and a 100% electric heating system that eliminates landlord gas bills. Interiors impress with new vinyl plank flooring, modern LED lighting, and completely rebuilt kitchens and baths featuring stainless steel appliances and quartz countertops. With a solid 6.7% Cap Rate and VTB financing available for qualified buyers subject to discussions, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.
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Listing Details
- Taxes (2025)
- $10,901
- Listed
- February 17, 2026
Price History
Listing history
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Property
- Lot Size
- 26.21 x 177.03 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Pitt & 3rd Street
- Zoning
- CBD
- Parcel Number
- 601670102
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 4 fridges and stoves, 2 washer and dryers
- Exclusions
- 1 fridge in the 3 bedroom unit and all tenant belongings
- Rental Items
- n/a
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
- 688
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 688 recorded sales of commercial properties in Cornwall over the last 12 months.
Listed by
Valery Real Estate Inc.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,874 sq ft
- Price per sq ft
- $538.97
- Annual property tax
- $10,901
- Tax per sq ft
- $3.79
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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