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216-218 Montreal Road

216-218 Montreal Road

Cornwall, ON

10,596 sqft • Commercial Retail • 109 days on market

$1,250,000

An exceptional opportunity to acquire a well-positioned, multi-use commercial property in the heart of Cornwall, Ontario. This substantial property sits on a 16,748 square foot lot with an impressive 80.5 feet of frontage along Montreal Road and a depth of 203 feet, providing a rare combination of visibility, scale, and flexibility in one of Eastern Ontario's most actively growing urban centres. The improvements include a main floor commercial unit with strong street presence, and exceptional millwork, an attractively finished three-bedroom apartment on the upper level, a partial second storey storage area, and a partial basement, creating an asset that is immediately functional while offering significant repositioning and conversion potential. Whether the vision is a ground-floor retail or service commercial use paired with upper-level residential income, a full multi-residential conversion, or a professional and medical office repositioning, this property accommodates a broad range of development scenarios. Cornwall is a city that is actively embracing growth. a business-friendly approvals process, municipal development incentives, and a rising residential market make it one of the most compelling and affordable redevelopment environments in Ontario. Strategically positioned at the Highway 401 corridor with access to both Quebec, Ontario and northern New York markets, Cornwall offers investors and developers a meaningful entry point with genuine long-term upside. This is a property that works today and builds value tomorrow.

Listing Details

Taxes (2025)
$16,508
Listed
May 8, 2026

Price History

Property

Lot Size
80.5 x 203 Feet

Location & Legal

Cross Street
Montreal Rd & McConnell Ave
Zoning
COM70
Parcel Number
601640151
Possession
Immediate

Commercial

Business Type
Other
Occupancy
Owner

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

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

COLLIERS

Location

Commercial figures

Building area
10,596 sq ft
Price per sq ft
$117.97
Annual property tax
$16,508
Tax per sq ft
$1.56

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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