For Sale

501 Fifth Street, Cornwall, Ontario K6J 2V7

$815,000

501 Fifth Street, Cornwall, Ontario K6J 2V7 is For Sale and has a listing price of 815,000. The property is located in the Cornwall neighbourhood . It's been on the website for 140 Days.

  • Investment
    Property Type
  • MLS ID: X12339637
  • Office Name RE/MAX AFFILIATES MARQUIS LTD.
Property Description

5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.

Property Details
  • MLS ID: X12339637
  • Price: $815,000
  • Lot Depth: 49
  • Transaction Types: For Sale
  • Ref ID: X12339637
  • Year Built: N/A
  • Dir / Cross St: Fifth St and Gulf St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/12/2025 X12339637 $875,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cornwall
  • $499,677 Average List Price
    based on 1 year
  • 138 New Listings
    based on 30 days
  • 50 Median Days on Market
    based on 1 year
  • List vs. Selling Price 27.27 % Up
  • Sold (12mo) 632
  • Rented (12mo) 21

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Garage Type Y
  • Parking Spaces: 6
  • Taxes: $2,171
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 12/08/2025 16:06:46
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