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Last Updated : 65 Days ago
272 Pitt Street, Cornwall, ON, 717 - Cornwall
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272 Pitt Street, Cornwall MLS Number: X13591008

717 - Cornwall, Cornwall, Stormont, Dund, ON, K6J 3P6

$1,350,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $10901.0 (Tax Year:2025)
  • Listing Courtesy : Valery Real Estate Inc.

272 Pitt Street Property Description

Buy a paycheck, not a project. Welcome to 272 Pitt Street, a fully renovated mixed-usecornerstone asset offering exceptional cash flow with a proven Net Operating Income (NOI) of$104,040 and an impressive 7.7% cap rate. For investors seeking strong, stable returns, this property offers the potential to generate significant annual income from day one.This turnkey investment features six income-producing units comprised of four residential apartments and two established commercial units, providing a diversified and resilient revenue stream. More than $450,000 in capital improvements have been invested, leaving virtually no deferred maintenance for the next owner.Extensive upgrades include new electrical panels with separate metering, all-new PEX plumbing, brand-new hot water tanks, and a 100% electric heating system, eliminating landlord gas expenses. Every residential unit has been tastefully modernized with luxury vinyl plank flooring, LED lighting, contemporary kitchens with quartz countertops and stainless steel appliances, and beautifully renovated bathrooms.Whether you're looking to strengthen your portfolio or secure a high-performing asset with immediate income potential, 272 Pitt Street delivers the kind of predictable cash flow investors rarely find in today's market. Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to terms and negotiations. Complete financial statements are available upon request.

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272 Pitt Street Property Facts

Property Type :Commercial
MLS Number :X13591008
Listing Type :Sale
Possession Date :
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Last Updated :21 Jul, 2026 (65 Days ago)
Source :Toronto Regional Real Estate Board
Area :Stormont, Dund
Postal Code : K6J 3P6
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272 Pitt Street Property Price & Tax Insights

Price : $1,350,000
Property Taxes :$10901.0
Tax Year :2025

272 Pitt Street, Cornwall Property Details

Air Conditioning :No
Heating :Baseboard
Cross Street :Pitt & 3rd Street
Fireplace/Stove :No

272 Pitt Street, Cornwall - Price History

2026-07

21 Jul, 2026

TREB #X13591008

Listed

$1350000.0

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272 Pitt Street - Location Map and Landmarks

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FAQs: 272 Pitt Street, Cornwall

  • Q: Does this Project 272 Pitt Street available for Sale ?

    A: The project 272 Pitt Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 272 Pitt Street is Offering?

    A:Square Yards is giving a Cashback of $6,750 if you buy this property from us, however there are several key features offered by the 272 Pitt Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 272 Pitt Street, Stormont, Dund?

    A: 272 Pitt Street, Stormont, Dund comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Stormont, Dund, On?

    A:Stormont, Dund, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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