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428 2ND STREET E

Cornwall, Ontario K6H1Z3

$1,600,000 for sale



MLS®:
X14131112
Contract Days:
1
Community:
Ownership:
Property Type:
SPU20 / RES30 - Split Zoning
Total Size:
1.214 ac
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
2
Interior Features

Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
2
Whole Bathrooms:
2
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Utitilies

Heating Type:
Heating Fuel:
Cooling Type:
Fully air conditioned
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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. (id:19004)

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