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Investment signal

$275,000

155 MONTREAL ROAD

Save this home

Beds

Baths

Sqft

1,800

Year

Type

Retail

Suite

Suite potential

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

Prime Mixed-Use Building for Sale in Le Village! Welcome to this exceptional fully tenanted mixed-use commercial/residential building located in the heart of Le Village! This property offers a unique opportunity to own a recently renovated retail space with incredible visibility & high walkability. Street parking is abundant as well as 4 available parking spots in the back, ensuring convenience for customers, while the high traffic guarantees a steady flow of potential clients, & property includes 4 dedicated parking spots at the back. The VACANT commercial unit has undergone a complete renovation, boasting modern amenities including a brand-new kitchenette & bathroom. All plumbing & electrical systems have been updated by licensed trades. The upstairs 2-bed, 1-bath residential unit is currently occupied by a reliable tenant with a four-year track record. You are assured steady rental income. Don't miss out on this incredible investment opportunity in Le Village. Call today! (id:65958)

Subtype
Retail
Structure
Residential Commercial Mix
Community
717 - Cornwall
Living area
1,800 square feet
Lot dimensions
Bldg=25 x 100 FT
Parking
4 total
On market
Sep 10, 2025
Status changed
Apr 24, 2026
Annual tax
$4,922
Zoning
LVD
Photos
11
MLS#
X12393058
Area
CORNWALL

Features and systems

Heating

Forced airNatural gas

Cooling

None
Positive cash flow ~$616/mo at these assumptions

Cash on cash

13.43%

Cap rate

7.55%

GRM

9.5

Break-even rent

$1,752

Financing

Down payment$55,000
Loan amount$220,000
Mortgage$1,115/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$126
Insurance$80
Maintenance$229
CapEx reserve$115
Vacancy loss$120

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 $1,115/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.

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