414 Gillespie Avenue
Cornwall, ON
- 3 bed
- 1 bath
- approx. 1100-1500 sqft
- Detached
- 147 days on market
Welcome to this charming and budget-friendly 3-bedroom home, ideally located in a convenient neighbourhood close to everyday amenities. Offering a blend of character and modern updates, this property is a fantastic opportunity to step into homeownership or expand your investment portfolio. The recently updated eat-in kitchen features stylish cabinetry and a contemporary backsplash, creating a bright and functional space for daily living. A spacious living room provides plenty of room to relax and entertain. The main floor also offers a versatile bedroom, a dedicated office/den, and a 4-piece bathroom with a tub/shower combination. Upstairs, you'll find two comfortable bedrooms, both complete with walk-in closets, adding valuable storage space. Additional features include an enclosed porch, a fully fenced yard, natural gas furnace, central A/C, updated electrical panel, and roof shingles replaced in 2016. Currently tenanted at $1,550/month plus utilities, this property offers immediate income potential for investors. A smart move in today's market-whether you're starting out or building your portfolio. *As per Seller direction allow 48 hour irrevocable on offers.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $2,254
- Originally Listed
- $315,000
- Listed
- April 10, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Construction
- Metal/Steel Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Water Heater Owned
- Lot Size
- 24.42 x 116.02 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Gillespie Ave. and Marlborough St.
- Parcel Number
- 601770093
- Possession
- Other
- Occupancy
- Tenant
Schools
Elementary
- St. Matthew Catholic Elementary School0.2 km
Catholic · CDSB of Eastern Ontario
- Bishop Macdonell Separate School0.8 km
Catholic · CDSB of Eastern Ontario · 385 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Cornwall Intermediate School0.8 km
Public · Upper Canada DSB · 165 students
Secondary
- St Matthew Catholic Secondary School0.2 km
Catholic · CDSB of Eastern Ontario · 140 students
Grade 10 literacy: 18% met the provincial standard
- Cornwall Collegiate and Vocational School0.8 km
Public · Upper Canada DSB · 575 students
Grade 10 literacy: 72% met the provincial standard
- École secondaire catholique La Citadelle1 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% 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
- $405,000
- Homes sold
- 690
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 690 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Rooms
4-piece
Second
- Bedroom 212'1" x 14'7"
- Bedroom 313'9" x 12'1"
Main
- Bedroom14' x 7'3"
- Dining Room10'6" x 11'5"
- Kitchen10'6" x 10'
- Living Room11'4" x 10'6"
- Office11'4" x 7'3"
Listed by
ROYAL LEPAGE PERFORMANCE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$61,400
Estimated Monthly Payment
$1,508
Land transfer tax
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: $1,508/mo (20% down, 5.5%)
Taxes: $188/mo · Insurance: $77/mo
Estimates only. Consult a financial advisor.
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