1335 Reneal Street, Cornwall, ON
Description
Property Highlights
Welcome to this remarkable [] investment located in the coveted neighborhood of 717 - Cornwall. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 301.56 x 199.86 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- equipped with ["no"] central cooling and highly efficient water radiators heating
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.
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Data-driven valuation for 1335 Reneal Street, Cornwall, ON K6H 3L5
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