1 / 51

Investment signal

$799,900

109 PITT STREET

Save this home

Beds

—

Baths

—

Sqft

4,600

Year

—

Type

Retail

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cornwall. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause. (id:65958)

Subtype: Retail
Community: 717 - Cornwall
Living area: 4,600 square feet
Lot dimensions: Bldg=32.08 x 121.3 FT
On market: Feb 10, 2026
Status changed: Apr 24, 2026
Annual tax: $11,261
Zoning: CBD
Photos: 50
MLS#: X12776992
Area: CORNWALL

Features and systems

Heating

Forced airForced airElectricNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$889/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980

Loan amount$639,920

Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367

Insurance$80

Maintenance$667

CapEx reserve$333

Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,242/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.