1335 Reneal Street

717 - Cornwall, Cornwall, K6H 3L5

$2,000,000

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Listed 129 days ago · MLS® X13438442

About this home

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.

Details

Type
Investment
Lot
301.56 × 199.86 ft
Garage
None
Property tax
$18,655 (2026)
Neighbourhood
717 - Cornwall
Municipality
Cornwall

Heating, cooling and services

Heating
Water Radiators
Utilities
Yes

Building and exterior

Building area
2 Acres

More

Possession
TBD
Cross street
Reneal & Sunnyside

Listed by RE/MAX AFFILIATES MARQUIS LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.