228 Second Street
Cornwall, ON
- approx. 3500-5000 sqft
- Multiplex
- 80 days on market
The subject property is a 6 unit mixed commercial and residential rental building located at 228 Second St. West, Cornwall, Ontatio. In all there are 2 commercial units and two 2 bedroom units and Two 1 bedrom units. Net Income to the Landlord of 2025 is approximately $50,331.00 based on current tenancies. There is a 400 amp electrical service, tenant pay separately metered electricty. Heating is supplied by gas fired hot water system. There is a coin operated laundry facility. The building is a three story well maintained century building with lots of parking in a centrally located part of the City. Zoning is SPU 20 which allows a mix of commercial and residential uses.
Listing Details
- Taxes (2025)
- $5,969
- Listed
- June 23, 2026
Price History
Property
- Style
- 3-Storey
- Age
- 100+
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle, Tar and Gravel
- Foundation
- Stone
- Interior
- None
- Lot Size
- 106.94 x 111.39 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Bedford
- Zoning
- SPU20
- Parcel Number
- 601680126
- Possession
- Immediate
- Occupancy
- Tenant
Schools
Elementary
- Central Public School0.8 km
Public · Upper Canada DSB · 575 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 17% met the provincial standard
- Cornwall Intermediate School0.8 km
Public · Upper Canada DSB · 165 students
- Bishop Macdonell Separate School1 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 School0.9 km
Public · Upper Canada DSB · 575 students
Grade 10 literacy: 72% met the provincial standard
- St Matthew Catholic Secondary School1.8 km
Catholic · CDSB of Eastern Ontario · 140 students
Grade 10 literacy: 18% met the provincial standard
- École secondaire catholique La Citadelle1.9 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
- 685
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 685 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
RE/MAX AFFILIATES MARQUIS LTD.
Walk Score
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Location
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Mortgage Calculator
$120,000
Estimated Monthly Payment
$2,948
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: $2,948/mo (20% down, 5.5%)
Taxes: $497/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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