1335 Reneal Street, Cornwall, ON

$2,000,000

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About 1335 Reneal Street

Rare redevelopment opportunity in the heart of Cornwall. This former school sits on approximately 1.72 acres and offers nearly 20,000 sq. ft. of existing building area with RES-30 medium-to-high density residential zoning already in place. Previously approved for a 17-unit residential conversion, the property presents an exceptional opportunity for investors, developers, and builders seeking to capitalize on the growing demand for housing. Potential permitted uses may include apartments, triplexes, fourplexes, row housing, retirement living, rooming accommodations, and other residential development opportunities, subject to municipal approvals.The site benefits from municipal water and sewer services, natural gas, hydro, ample parking, and a clean environmental record. The substantial existing structure offers significant adaptive reuse potential, while the excess land may provide opportunities for future expansion or additional development, subject to approvals.Opportunities of this scale, with existing zoning, infrastructure, and a proven development concept already established, are becoming increasingly difficult to find. Buyers are encouraged to conduct their own due diligence with the City of Cornwall regarding future development plans and permitted uses.

Features of 1335 Reneal Street

MLS® # X13438442
Price $2,000,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 1335 Reneal Street
Area Stormont, Dundas and Glengarry
Subdivision 717 - Cornwall
City Cornwall
Province ON
Postal Code K6H 3L5

Amenities

Garages None
Is Waterfront No

Interior

Heating Water Radiators
Cooling No
Fireplace No

Listing Details

OfficeRE/MAX AFFILIATES MARQUIS LTD.

Listing Map

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