205 First St E is an investment in Cornwall, listed for $799,000.
1FIVEPLEX Exceptional Commercial Investment Opportunity in Cornwall!
2Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit.
3The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Cornwall
About 205 First Street East
FIVEPLEX Exceptional Commercial Investment Opportunity in Cornwall! An outstanding opportunity for investors seeking income potential, flexibility, and long-term value in a strategic Cornwall location. Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit. Site plan drawings are available to support further exploration of the property's development potential.Offered with no tenants to inherit, investors have the flexibility to establish their own tenancy strategy, optimize the property's use, and maximize its income potential. The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience. Key bylaw, fire, and electrical requirements have been addressed, providing a foundation for the next owner to pursue their investment objectives.Strategically located near Cornwall Square, a major local shopping destination, with convenient access to the U.S. border, the property benefits from proximity to established amenities and regional transportation routes. Directly across from a Chartwell retirement residence, the location offers additional context for investors evaluating the surrounding neighbourhood and its potential demand. Whether you are expanding your investment portfolio, exploring additional rental income opportunities, or evaluating future redevelopment potential, this property presents a versatile opportunity to acquire a multi-unit asset with room to execute your vision in Cornwall.
Cornwall investment priced at $799,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 205 First St E
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
205 First St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13879088$799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 205 First St E Compares to the Cornwall Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings241Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 286 sales from Jul 11 – Oct 9, 2026 (175 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 205 First St E
How much is 205 First St E listed for?
205 First St E is listed at $799,000 (MLS® X13879088). Summitly updates the price as soon as the MLS® record changes.
Has the price of 205 First St E changed?
No — 205 First St E is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 205 First St E have?
The listing for 205 First St E doesn't publish its bedroom and bathroom count. It is a commercial property in Cornwall.
How does 205 First St E compare with other homes in Cornwall?
Its asking price of $799,000 is about 94% above the median sold price in Cornwall over the last 90 days, $411,950, across 286 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 205 First St E been sold before?
Summitly has no earlier MLS® sale or lease of 205 First St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 205 First St E?
205 First St E is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 205 First St E been on the market?
1 day — 205 First St E was listed on October 8, 2026.
What is the land transfer tax on 205 First St E?
About $12,455 in Ontario land transfer tax at the asking price of $799,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 205 First St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 205 First St E?
The listing for 205 First St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cornwall.
When was 205 First St E built?
The listing for 205 First St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
