Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 50 days

    405 Tollgate Road E

    Cornwall·Cornwall, ON·K6H 7L7·Near Tollgate Road East & McConnell Avenue

      0
    • Vacant Land
    Cornwall real estate›X12647644
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Pleased to offer for sale a 100% freehold interest in 405 Tollgate Road East, Cornwall (the "Property"). The 6.0-acre site is strategically positioned near the intersection of Tollgate Road East and McConnell Avenue in north-central Cornwall, an area characterized by a mix of institutional, commercial, and residential uses. The Property features approximately 550 feet of frontage along Tollgate Road East, offering strong visibility and convenient access. The large cleared land provides a flexible development footprint suitable for a range of future concepts. Zoned Residential 20 (RES20), the Property permits a variety of medium-density residential forms as well as select institutional uses, including school, hospital, and place of worship. Benefiting from immediate access to Highway 401 via the McConnell Avenue interchange (Interchange 792), the site offers efficient east west connectivity to major centres, including Ottawa, Montreal, and Kingston. Highway 138 provides a secondary northbound link to Highway 417 and the Ottawa region. Cornwall continues to experience steady economic momentum supported by significant investment, including the recently completed one-million-square-foot Michelin Tire distribution facility, which is expected to deliver meaningful employment and long-term economic growth to the region. 405 Tollgate Road East offers purchasers a versatile development opportunity within a growing regional market supported by strong transportation infrastructure, evolving demographics, and expansion across the industrial and institutional sectors.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Dec 23, 2025ListedCurrentFor sale$699,999 —X12647644This page
    Jun 9, 2025Previously listedPc$595,000 —X12206633View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Water source
      Municipal
      Sewer
      Sanitary+Storm Available
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 405 Tollgate Road E
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,439
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $458
    0.79% mill rate · ON
    The market

    How this home sits in the Cornwall market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Cornwall market right now

    Average sold price, days on market, and closed-transaction count for Cornwall — sourced from MLS®.

    • Avg sold price
      $421,736
      Last 30 days
    • Median sold price
      $400,000
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      183
      MLS® transactions
    Full Cornwall market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 405 Tollgate Road E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 405 Tollgate Road E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 405 Tollgate Road E listed for?

      405 Tollgate Road E is listed at $699,999 on the MLS® (listing X12647644). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 405 Tollgate Road E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

    Asking
    $699,999
    MLS® X12647644
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $421,736
    $387,997Confidence range$455,475
    Asking vs estimate
    ↑↑well-above
    +$278,263
    (+66.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Cornwall sell in about 41 days — this one has been listed 50 days.

    Avg sold price
    $421,736
    Median sold
    $400,000
    Avg days on market
    41
    Recently sold
    183
    See comparable sales
    AI highlights by Zara
    • Pleased to offer for sale a 100% freehold interest in 405 Tollgate Road East, Cornwall (the "Property").
    • The large cleared land provides a flexible development footprint suitable for a range of future concepts.
    • Zoned Residential 20 (RES20), the Property permits a variety of medium-density residential forms as well as select institutional uses, including school, hospital, and place of worship.
    • Highway 138 provides a secondary northbound link to Highway 417 and the Ottawa region.
    Ask Zara a follow-up

    Lot & land

    1
    Zoning
    RES20
  1. Listing & possession

    4
    Possession
    2026-05-17T00:00:00.000-00:00
    Occupancy
    Possession
    Property style
    Designated
    Property class
    Vacant Land
  2. Combined estimate
    $3,897
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,439
    /mo
    based on the purchase price of $699,999
    $140,000 cash
    $559,999 financed
    $471,666 total interest
    Monthly payment$3,439/ month
    Principal54%$559,999
    Interest46%$471,666

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Cornwall

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • PIN601680008 Third Street
      Sold
      Sign in for price
      PIN601680008 Third Street
      Vacant Land
    • PIN601680007 Third Street
      Sold
      Sign in for price
      PIN601680007 Third Street
      Vacant Land
    • Lot 13-14 Guy Street
      Sold
      Sign in for price
      Lot 13-14 Guy Street
      Vacant Land
    • 71 Royal Drive
      Sold
      Sign in for price
      71 Royal Drive
      Vacant Land
    • 2155 Tollgate Road
      Sold
      Sign in for price
      2155 Tollgate Road
      Vacant Land
    • 3007 Pitt Street
      Sold
      Sign in for price
      3007 Pitt Street
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    405 Tollgate Road EThis home0 / 0—$699,999ask———
    PIN601680008 Third Street0 / 0——
    PIN601680007 Third Street0 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  3. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  4. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  5. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  6. Public listing courtesy of CUSHMAN & WAKEFIELD · displayed on Summitly per MLS® data-share rules

    405 Tollgate Road E is a vacant land at Cornwall, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  7. When was 405 Tollgate Road E built?

    The year built for 405 Tollgate Road E isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  8. What is the property tax for 405 Tollgate Road E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 405 Tollgate Road E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  9. How much would the monthly mortgage be on 405 Tollgate Road E?

    The affordability calculator on this page shows an estimated monthly mortgage for $699,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  10. Has 405 Tollgate Road E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 405 Tollgate Road E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  11. What neighbourhood is 405 Tollgate Road E in?

    405 Tollgate Road E is in Cornwall, Cornwall. The 'Neighbourhood' section below links to the live Cornwall real estate hub with average sold price, days on market, and current inventory.

  12. Is Cornwall a good place to live?

    Cornwall is one of ON's actively-tracked Summitly markets. The full Cornwall real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  13. Lot 13-14 Guy Street
    0 / 0
    —
    —
    71 Royal Drive0 / 0——
    2155 Tollgate Road0 / 0——
    3007 Pitt Street0 / 0——