$224,900
Available - For Sale
Listing ID: X12052558
115 Louisa Stre , Cornwall, K6H 4P7, Stormont, Dundas


Prime Downtown Commercial Building with Apartment. Endless Potential! Seize this incredible investment opportunity in the heart of downtown! This versatile commercial property offers high visibility and foot traffic, making it ideal for a variety of business ventures. The main level provides a spacious, adaptable layout suitable for a beauty parlour, barber shop, restaurant, market, or professional services. Upstairs, you'll find a well-appointed apartment, perfect for an owner-occupant or additional rental income. Upstairs apartment is currently rented at $910/mth utilities included. Main floor is currently vacant. Both units include Fridge & Stove. With its prime location and mixed-use potential, this property is an entrepreneur's dream! Don't miss out on this rare downtown gem, schedule your private tour today! Pls allow 24 hrs Irrevocable on all offers.
Price $224,900
Taxes: $2186.00
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 115 Louisa Stre , Cornwall, K6H 4P7, Stormont, Dundas
Postal Code: K6H 4P7
Province/State: Stormont, Dundas
Directions/Cross Streets: 525 MONTREAL RD
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Building Percentage: T
Total Area: 1768.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Water Expense: $760
Net Income Before Debt: $15244
Expenses Actual/Estimated: $Est
Sprinklers: No
Washrooms: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Click here to see virtual Tour
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $11,245 $22,490 $33,735 $44,980
First Mortgage $213,655 $202,410 $191,165 $179,920
CMHC/GE $8,546.2 $6,274.71 $5,352.62 $0
Total Financing $222,201.2 $208,684.71 $196,517.62 $179,920
Monthly P&I $1,096.52 $1,029.82 $969.78 $887.87
Expenses $0 $0 $0 $0
Total Payment $1,096.52 $1,029.82 $969.78 $887.87
Income Required $41,119.6 $38,618.3 $36,366.71 $33,295.22

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$554.92
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.
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Sharon Soltanian
Broker Of Record
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416-892-0188
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At a Glance:
Type: Com - Commercial Retail
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: x 34.16(Acres)
Approximate Age:
Tax: $2,186
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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