428 2nd Street
Cornwall, ON
- 2 bath
- 1 sqft
- Land
1.214 ACRES | 2 PINS | 2 STREET FRONTAGES | CENTRAL CORNWALL A two-parcel redevelopment assembly of approximately 1.214 acres at 428 Second Street East and 429 First Street East, offered together as one acquisition. The site has frontage on both Second Street East and First Street East. That dual frontage delivers access, depth and flexibility that is difficult to achieve with a single infill parcel. 428 Second Street East includes the existing former funeral home structure and is zoned SPU20. The adjoining 429 First Street East parcel is zoned RES30. RES30 permits a range of residential forms, including apartments, triplexes, quadruplexes and rowhouses. The SPU20 zoning broadens the site's potential to include offices, medical facilities, retirement homes and the existing funeral-home use, subject to municipal confirmation. The value is straightforward: scale, optionality, frontage and control. A purchaser can evaluate multi unit residential, rental housing, seniors and care, institutional use, adaptive reuse of the existing structure, or a broader redevelopment strategy. The existing building offers an immediate reuse path while the combined assembly provides the scale needed for a more comprehensive concept. Both PINs convey together. Buyer to complete independent due diligence on permitted uses, density, height, parking, access, servicing, environmental matters, HST, site plan requirements, zoning amendments, parcel consolidation and all municipal approvals. No density, redevelopment approval or future use is represented or guaranteed.
Listing Details
- Taxes (2026)
- $14,064
- Listed
- October 30, 2026
Price History
Property
- Lot Size
- 88.29 x 534.89 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Second St E & Marlborough St N
- Zoning
- SPU20 / RES30 - Split Zoning
- Parcel Number
- 601650011
- Possession
- Flexible
- 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
- $408,050
- Homes sold
- 670
- Median days on market
- 31
- Sale-to-list price
- 97.3%
Based on 670 recorded sales of commercial properties in Cornwall over the last 12 months.
Listed by
EXIT REALTY MATRIX
Walk Score
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Location
Street View
Commercial figures
- Annual property tax
- $14,064
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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