1335 Reneal Street, Cornwall, Ontario K6H 3L5

Listed for:
$2,000,000
0 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 1335 Reneal Street, Cornwall, Ontario K6H 3L5

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About

Cross Streets: Reneal & Sunnyside. ** Directions: From Pitt, turn onto Sunnyside, continue until Reneal. Rare redevelopment opportunity in the heart of Cornwall. This former school sits on approximately 1.72 acres and offers nearly 20,000 sq. ft. of existing building area with RES-30 medium-to-high density residential zoning already in place. Previously approved for a 17-unit residential conversion, the property presents an exceptional opportunity for investors, developers, and builders seeking to capitalize on the growing demand for housing. Potential permitted uses may include apartments, triplexes, fourplexes, row housing, retirement living, rooming accommodations, and other residential development opportunities, subject to municipal approvals.The site benefits from municipal water and sewer services, natural gas, hydro, ample parking, and a clean environmental record. The substantial existing structure offers significant adaptive reuse potential, while the excess land may provide opportunities for future expansion or additional development, subject to approvals.Opportunities of this scale, with existing zoning, infrastructure, and a proven development concept already established, are becoming increasingly difficult to find. Buyers are encouraged to conduct their own due diligence with the City of Cornwall regarding future development plans and permitted uses. (id:27476)

Property Highlights

MLS® Number
X13438442
Type
Multi-family
Community Name
717 - Cornwall
Land Size
1.72 ac

Building

Building Type
Multi-Family
Square Footage
2 ac
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiator, Hot Water, Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS LTD.
MLS® number:
X13438442
Agent:
Heather Ouderkirk
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