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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 7 First Street East
Established Downtown Tailoring & Dry Cleaning Business for Sale - Suzy Tailor & Dry Cleaners. An excellent opportunity to own a long-standing and reputable tailoring and dry cleaning business in the heart of downtown Cornwall. This well established business has built a loyal customer base over the years and benefits from steady foot traffic and strong community presence. This is a business only sale located in a leased premises, making it an ideal turnkey opportunity for an owner-operator or entrepreneur looking to step into a ready to run operation. The sale includes: 5 sewing machines, 1 press, Inventory of zippers, threads, and some supplies. The space is fully set up for tailoring and garment care services, allowing a seamless transition for the new owner. With consistent demand for alterations and dry cleaning services, there is strong potential for continued growth and expansion. Affordable purchase price of $50,000 makes this an attractive investment for anyone looking to enter or expand in the industry. Lease Information: The business operates in a leased location. The purchaser will be required to obtain landlord approval and enter into a new lease agreement with the landlord, subject to their terms and conditions.
Cornwall business priced at $50,000 — book a tour to see if it fits your search.
Inside 7 First St E
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
7 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® X12968344$50,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 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.
Keep looking near 7 First St E
Homes for sale in Cornwall
Every active Cornwall MLS® listing, updated all day.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings227Homes for sale here right now.
Median vs prior 90 days+4.3%Compared with May 7 – Aug 5, 2026: prices up.
Based on 274 sales from Aug 5 – Nov 3, 2026 (184 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7 First St E
How much is 7 First St E listed for?
7 First St E is listed at $50,000 (MLS® X12968344). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7 First St E changed?
No — 7 First St E is still listed at its original asking price of $50,000.
How many bedrooms and bathrooms does 7 First St E have?
The listing for 7 First St E doesn't publish its bedroom and bathroom count. It is a commercial property in Cornwall.
How does 7 First St E compare with other homes in Cornwall?
Its asking price of $50,000 is about 88% below the median sold price in Cornwall over the last 90 days, $417,000, across 274 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 7 First St E been sold before?
Summitly has no earlier MLS® sale or lease of 7 First St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 First St E?
7 First St E is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 First St E been on the market?
210 days — 7 First St E was listed on April 7, 2026.
What is the land transfer tax on 7 First St E?
About $250 in Ontario land transfer tax at the asking price of $50,000. 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 7 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 7 First St E?
The listing for 7 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 7 First St E built?
The listing for 7 First St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.