402 Pitt Street
Cornwall, ON
4 bed • 2 bath • approx. 2000-2500 sqft • Detached • 127 days on market
Attention Investors!! This versatile 4-bedroom, 2-bathroom property offers a rare opportunity in the heart of the city, perfectly suited for savvy investors seeking to renovate and take advantage of strong income potential. Zoned with Commercial Business District (CBD), the property allows for a wide range of uses, making it ideal for mixed-use development (Please refer City Zoning for uses).The main floor is well-positioned for various business ventures, benefiting from excellent visibility and accessibility, while the upper level provides comfortable residential space-perfect for owner-occupancy, rental income, or live-work flexibility.In addition to the generous interior layout, the property features a large parking area, a valuable asset for both commercial and residential use. The included vacant land further enhances the investment appeal, offering potential for expansion, additional development, or outdoor commercial use (Please refer City Zoning for uses).Located in a prime central area with steady foot traffic and close proximity to key amenities, this property combines convenience, flexibility, and long-term growth potential. Whether you're looking to establish a business, generate rental income, or develop a mixed-use space, this is an opportunity not to be missed. Heating System - 2019, Shingles - 2021.
Listing Details
- Listed
- April 23, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Water Heater Owned
- Lot Size
- 41 x 70 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Fourth and Pitt St
- Zoning
- CBD
- Parcel Number
- 601720058
- Possession
- 60-89 days
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Washer, Dryer, Refrigerator, Stove
- Exclusions
- Tenants Belongings
- Rental Items
- None
Schools
Elementary
- Cornwall Intermediate School0.2 km
Public · Upper Canada DSB · 165 students
- Central Public School0.4 km
Public · Upper Canada DSB · 575 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 17% met the provincial standard
- Bishop Macdonell Separate School0.5 km
Catholic · CDSB of Eastern Ontario · 385 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 19% met the provincial standard
Secondary
- Cornwall Collegiate and Vocational School0.3 km
Public · Upper Canada DSB · 575 students
Grade 10 literacy: 72% met the provincial standard
- St Matthew Catholic Secondary School1.2 km
Catholic · CDSB of Eastern Ontario · 140 students
Grade 10 literacy: 18% met the provincial standard
- École secondaire catholique La Citadelle1.4 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 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
Residential Freehold 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 residential freehold properties in Cornwall over the last 12 months.
Listed by
ROYAL LEPAGE PERFORMANCE REALTY
Location
Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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