116 Pitt Street
Cornwall, ON
- 2,561 sqft
- Store W Apt/Office
- 179 days on market
Welcome to 116 Pitt Street, a standout mixed-use opportunity in the heart of downtown Cornwall. This prime property features two spacious units and offers immediate income potential along with flexible future use for investors or entrepreneurs. The ground-floor commercial space is currently configured as a restaurant and showcases a unique enclosed patio with a garage-door-style window system. Open it up for breezy summer service or close it for a cozy atmosphere during cooler months. The space benefits from excellent street visibility and strong pedestrian traffic in Cornwall's vibrant downtown core. Upstairs, the character-filled second-floor apartment offers 2 bedrooms and 1 bathroom, blending charm with urban convenience. The inviting living room features vaulted ceilings, a wood-burning fireplace and a wet bar, creating a warm and welcoming atmosphere. The bright kitchen offers space for both a dining table and counter seating, while the oversized 5-piece bathroom conveniently includes in-suite laundry. The layout is completed by a private second bedroom and a generous primary bedroom with a large window overlooking bustling Pitt Street. A private second-level deck provides a rare outdoor retreat right in the heart of the city. The current owner would like to remain in the property as a tenant, offering attractive built-in income for the new owner under the following proposed terms: Ground Floor Commercial Lease: $4,000/month + HST + utilities + property taxes; Second Floor Apartment: $2,000/month + utilities. With excellent visibility, strong downtown foot traffic, three private parking spaces plus ample street parking, and the potential for immediate rental income, this property presents a compelling opportunity for investors seeking a turnkey asset in Cornwall's downtown core. Don't miss your chance to own this prime slice of Cornwall real estate, make the right move and see it for yourself.
Listing Details
- Taxes (2025)
- $13,369
- Listed
- March 6, 2026
Price History
Property
- Lot Size
- 19.58 x 156.58 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- First Street, Second Street
- Zoning
- CBD
- Parcel Number
- 601670169
- Possession
- Immediate
- Occupancy
- Owner
Commercial
- Office / Apartment Area
- 1158 Sq Ft
Included
- Inclusions
- 2 hot water tanks, appliances in 2nd floor apartment (fridge, cooktop stove, built-in oven, built-in microwave, dishwasher, hood fan, washer, dryer)
- Exclusions
- Restaurant equipment & furniture (see attachments for full list)
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
- 97.3%
Based on 682 recorded sales of commercial properties in Cornwall over the last 12 months.
Listed by
CENTURY 21 SHIELD REALTY LTD.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,561 sq ft
- Price per sq ft
- $232.33
- Annual property tax
- $13,369
- Tax per sq ft
- $5.22
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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Reita is an automated assistant, not a licensed real estate agent. This listing mentions The current owner would like to remain in the property as a tenant, offering attractive built-in income for the new owner under the following proposed terms: Ground Floor Commercial Lease: $4,000/month + HST + utilities + property taxes; Second Floor Apartment: $2,000/month + utilities.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?