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Commercial Property in Cornwall
About 216-218 Montreal Road
An exceptional opportunity to acquire a well-positioned, multi-use commercial property in the heart of Cornwall, Ontario. This substantial property sits on a 16,748 square foot lot with an impressive 80.5 feet of frontage along Montreal Road and a depth of 203 feet, providing a rare combination of visibility, scale, and flexibility in one of Eastern Ontario's most actively growing urban centres. The improvements include a main floor commercial unit with strong street presence, exceptional mill work, an attractively finished three-bedroom apartment on the upper level, a partial second storey storage area, and a partial basement, creating an asset that is immediately functional while offering significant repositioning and conversion potential. Whether the vision is a ground-floor retail or service commercial use paired with upper-level residential income, a fully multi-residential conversion, or a professional and medical office repositioning, this property accommodates a broad range of development scenarios. Cornwall is a city that is actively embracing growth. A business-friendly approvals process, municipal development incentives, and a rising residential market make it one of the most compelling and affordable redevelopment environments in Ontario. Strategically positioned at the Highway 401 corridor with access to Quebec, Ontario, and northern New York markets, Cornwall offers investors and developers a meaningful entry point with genuine long-term upside. This is a property that works today and builds value tomorrow.
Cornwall retail priced at $999,000 — book a tour to see if it fits your search.
Inside 216-218 Montreal Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
16748.63
Listing & possession
Property class
Commercial Retail
216-218 Montreal Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14174170$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 216-218 Montreal Rd 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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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 listings236Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with May 16 – Aug 14, 2026: prices up.
Based on 273 sales from Aug 14 – Nov 12, 2026 (199 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 216-218 Montreal Rd
How much is 216-218 Montreal Rd listed for?
216-218 Montreal Rd is listed at $999,000 (MLS® X14174170). Summitly updates the price as soon as the MLS® record changes.
Has the price of 216-218 Montreal Rd changed?
No — 216-218 Montreal Rd is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 216-218 Montreal Rd have?
The listing for 216-218 Montreal Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Cornwall.
How does 216-218 Montreal Rd compare with other homes in Cornwall?
Its asking price of $999,000 is about 140% above the median sold price in Cornwall over the last 90 days, $417,000, across 273 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 216-218 Montreal Rd been sold before?
Summitly has no earlier MLS® sale or lease of 216-218 Montreal Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 216-218 Montreal Rd?
216-218 Montreal Rd is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 216-218 Montreal Rd been on the market?
216-218 Montreal Rd was listed today (November 12, 2026).
What is the land transfer tax on 216-218 Montreal Rd?
About $16,455 in Ontario land transfer tax at the asking price of $999,000. 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 216-218 Montreal Rd 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 216-218 Montreal Rd?
The listing for 216-218 Montreal Rd 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 216-218 Montreal Rd built?
The listing for 216-218 Montreal Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.