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.
Experience a rare opportunity to own a piece of Cornwall's history in the beautifully restored former Canada Cotton Mill, celebrated for its rich industrial heritage & unique connection to Thomas Edison. This exceptional 2-storey "Penthouse Maisonette" offers 996 sq. ft. of bright, loft-inspired living space, soaring ceilings, & spectacular western views of the St. Lawrence. Suitable for professionals & active seniors seeking a vibrant/low-maintenance lifestyle, this one-of-a-kind apt is just steps from the waterfront walking/cycling trails & marina. The moment you enter the grand lobby, you'll appreciate the building's timeless character & architectural charm, a place where history has been thoughtfully preserved while embracing modern condo living. Park in your underground space & take the elevator to the 3rd-flr: Inside, soaring 10-ft ceilings on the main level & 9-ft ceilings on the upper level, & expansive floor-to-ceiling windows fill the home w. natural light while showcasing breathtaking views. The open-concept main floor offers a gourmet kitchen w. quartz countertops, abundant cabinetry, & a functional prep area flowing into the spacious DR/LR. Patio doors lead to a large private terrace/glass railings/privacy dividers, the perfect place to unwind & admire the ever-changing beauty of the river, trees, & skies. A stunning hardwd staircase leads to the upstairs, where you'll find a spacious primary retreat overlooking the river. This private sanctuary boats a generous walk-in closet /4-pc ens. bath/ laundry/storage. Combining industrial elegance, modern finishes, & an unbeatable waterfront setting, this remarkable penthouse delivers a loft-style lifestyle rarely found in one of Cornwall's most distinctive heritage conversions: it's where history, architecture, and breathtaking river views come together in perfect harmony. Enjoy the convenience of a medical clinic/pharmacy within the building just steps away. Allow 24 bus. hrs irrevocable on offers.
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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$2,312/mo
Mortgage (principal + interest)$1,478
Property taxFrom listing: $5,196/yr$433
Condo feesFrom listing$401
Minimum $19,750 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$79,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,400
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$86,200
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.
