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$497K · 0 bed Common Element Condo · 717 - Cornwall, Cornwall | MyPropertyScout

$496,900

Unit 2

29 DOM

0129d

Map

DOM 29

$496,900

F●●●○○DOM29days

Unit 2

Knox City Centre · 108 Second Street · Cornwall · Ontario K6H 0C9

MLS® X13220644 · 717 - Cornwall · K6H 0C9

01TenantOccupied1000-1199 ft²Common Element CondoNone29d$452/ft²Lot 1.056$8,700 tax/yrBuilt 20188 yrs old

29% above market · 29 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

This is 1,141 sq ft of prime main floor office space located at the corner of Sydney St and Second St. East. The space is fully serviced with all the ususal ammenities and has one two piece bath. The office is currently leased as an office to Nov 30, 2028, subject to renewal. The office faces directly on to Second Street. Parking spaces P1-P9 are shared by 4 commercial tenants. There is additional visitors parking available. Property Taxes are $597.00 per month on an equal billing basis.…

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Property details

MLS#: X13220644
Status: Buy Now
Beds: 0
Baths: 1 full, 0 half
Size: 1000-1199
Style: Other
Type: Common Element Condo
Year built: —

Roof: Tar and Gravel
Foundation: Concrete

Building name: Knox City Centre
Condo corp #: 28
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included
Pets: No

Garage: None
Garage spaces: 0
Parking: 9 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick Veneer, Stucco (Plaster)
Fronting on: —
Cross street: Second St at Sydney SE corner
Basement: None
Stories: 1
Utilities: —
Laundry: None
Interior: None, Water Heater Owned, Water Meter
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX AFFILIATES MARQUIS LTD.

Source: TRREB/PROPTX · MLS® X13220644

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$497K

Unit 2 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $496,900✓ $8,700 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,042/mo

incl. closing costs (yr 1)

Annual total

$60,508

year 1

Mortgage only

$1,885/mo

principal + interest

Beyond mortgage

$2,165/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,380

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$725/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,969/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$50/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,413

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)37% $22,621/yr

Property taxes25% $15,113/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,969/yr

Condo fees12% $7,145/yr

Closing costs8% $5,100/yr

Mortgage is 37% of your true cost of ownership. The other 63% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,621	$1,885/mo
Government & taxes
Property tax	$8,700	$725/mo
Land transfer tax(closing)	$6,413	$534/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,969	$414/mo
Condo fees
Condo / HOA fees	$7,145	$595/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$60,508	$5,042/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs