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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 7 Park Street! Freshly updated, vacant, and ready for its next owner, this charming 2-bedroom, 1-bathroom home offers an excellent opportunity for first-time buyers, downsizers, or investors. Situated on an oversized lot in a convenient location near St. Lawrence College and the beautiful St. Lawrence River, this well-maintained home has recently been freshly painted throughout, professionally cleaned from top to bottom, and updated with new kitchen countertops. Inside, you'll find warm hardwood flooring, a bright and spacious living room, and a functional kitchen with ample cabinetry and a comfortable dining area. Upstairs features two generously sized bedrooms and a full bathroom. The welcoming front porch is the perfect spot to enjoy your morning coffee, while the oversized yard provides plenty of room for gardening, entertaining, or simply enjoying the outdoors. Conveniently located close to schools, shopping, amenities, and scenic waterfront access, this property offers comfort, convenience, and great potential. With the home now vacant and ready for immediate occupancy, there's nothing stopping you from making it your own! Some photos have been virtually staged.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,285/mo
Mortgage (principal + interest)$1,156
Property taxFrom listing: $1,547/yr$129
Minimum $15,450 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$61,800
Ontario land transfer taxProvincial brackets, no first-time refund$3,110
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$67,710
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Cornwall has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
