122 New Street, Cornwall, ON K6H 3G2
717 - Cornwall, Cornwall · Near New Street and Gage Ave · View map
About this home
Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 13
- Basement
- Full, Unfinished
- Lot size
- 60 x 140 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $1,556/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- New Street and Gage Ave
- Neighbourhood
- 717 - Cornwall
More
- Price per sq ft
- ~$214 (at 1,750 sq ft)
- MLS® number
- X13473244
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The home and its surroundings
- Water Heater Owned
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
122 New Street, Cornwall, ON K6H 3G2
717 - Cornwall, Cornwall · Near New Street and Gage Ave
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Listing history for 122 New Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 122 New Street
Answers come straight from this home’s MLS® listing.
How much is 122 New Street listed for, and what would it cost each month?
122 New Street is listed for $375,000. With 20% down ($75,000), the mortgage payment would be roughly $1,513 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,642 a month, all in. That figure is an illustration, not a quote.
Is 122 New Street freehold or a condo, and is there a monthly fee?
122 New Street is a duplex in 717 - Cornwall, Cornwall. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 122 New Street have?
122 New Street has 6 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 122 New Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 122 New Street have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 122 New Street?
122 New Street is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 122 New Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 60 x 140 ft.
How is 122 New Street heated and cooled?
Heating is forced air (gas). Cooling is window unit(s).
What are the property taxes for 122 New Street?
Property taxes are $1,556 a year (2025), or about $130 a month.
Where is 122 New Street?
122 New Street is in the 717 - Cornwall community of Cornwall. The nearest main intersection is New Street and Gage Ave. The postal code is K6H 3G2.
Is 122 New Street still for sale?
Yes. It is an active listing (MLS® X13473244). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 122 New Street asking?
Similar properties for sale nearby right now include 225 8th Street W at $359,900 (6 bed), 107-109 Cumberland Street at $359,900 (6 bed) and 301-303 Fourth Street W at $334,600 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 122 New Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 122 New Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.