Featured Imagery

Exceptional Property

705 COTTON MILL Street, Cornwall

$539,000

null Bedrooms

null Bathrooms

1746 sqft

Property Highlights

Distinctive Features That Set This Property Apart

◆

Property Type

Retail

Style

Other

Year Built

N/A

Square Footage

1746 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

◆

Property Overview

A Closer Look at This Distinguished Residence

◆

This is a commercial condominium property that is located in the historic Cotton Mills District. It boasts some 1,746 sq ft of main floor area in a restored turn of the century building complex. The property has high ceilings, wooden floors, post and beam construction, fully sprinklered with separate hydro and gas services. Most recently the proper...

MLS Number

X11958407

Listed By

RE/MAX AFFILIATES MARQUIS LTD.

Last Updated

Jul 7, 2025, 6:10 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

◆

Property Specifications

Property Type

Retail

Architectural Style

Other

Square Footage

1746

Climate Control & Utilities

Heating System

Forced air, Natural gas

Air Conditioning

Fully air conditioned

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

◆

Property Timeline

Historical transactions and listing information

New

MLS# X11958407

List Date

Feb 5, 2025, 9:28 p.m.

List Price

$539,000

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

◆

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.