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829 First Street E, Cornwall, ON K6H 1M9

Vacant Land
$49,000
Property tax
$879 / year

An affordable opportunity to build in the heart of Cornwall! This vacant lot, located near the corner of First Street East and Alice Street, offers an interesting opportunity for a builder, investor or future homeowner looking to bring their vision to life. Zoned RES 20 (Medium Density Residential), the property is situated in an established neighbourhood with convenient access to shopping, schools, transit and everyday amenities. Whether you're considering a new home or exploring other residential possibilities permitted within the zoning, this property is worth a closer look. Offered at $49,000, it's an accessible opportunity to invest in a piece of Cornwall. Buyers are responsible for completing their own due diligence with the City of Cornwall regarding their intended use, including permitted development, building requirements, setbacks and servicing.

MLS number
X13689442
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K6H 1M9
Photos
5
Laundry
Not in the unit
26days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
École secondaire catholique La Citadelle
CSDC de l'Est ontarien
Secondary286 m7.9 / 10
79% met the standard · 2 of 6 measures
École intermédiaire catholique La Citadelle
CSDC de l'Est ontarien
Elementary486 mNot reported
École secondaire publique L'Héritage
CÉP de l'Est de l'Ontario
Secondary868 m7.1 / 10
71% met the standard · 2 of 6 measures
École élémentaire publique L'Héritage
CÉP de l'Est de l'Ontario
Elementary928 mNot reported
Rosemary International AcademySecondary1.4 kmNot reported
Bishop Macdonell Separate School
CDSB of Eastern Ontario
Elementary1.1 km3.8 / 10
38% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 338 people.

$49,200Median household income
22.2%Own their home
28.6%Detached houses
32.8Median age
0%Born outside Canada
11.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35010271 — the few blocks around this address, home to 338 people. It describes the area, not this property.

338Population
34.1Average age
2.4Household size
$53,000Average household income
$49,200Median household income
22%Own their home
78%Rent
0%Condominiums
0%Born outside Canada
12%University degree
$190,000Average home value
22%Low income
91%Not in the labour force
47%Never married
$15,000 to $19,9994%
$20,000 to $24,9997%
$30,000 to $34,99911%
$35,000 to $39,9994%
$40,000 to $44,99914%
$45,000 to $49,9997%
$50,000 to $59,99911%
$60,000 to $69,99911%
$70,000 to $79,9997%
$90,000 to $99,9994%
$100,000 and over11%
$100,000 to $124,9997%
$125,000 to $149,9994%

Percentages are of the 140 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$9,800 · minimum here is $2,450
$216.96per month
Borrowed before insurance$39,200
Total borrowed$39,200
Interest over 25 years at 4.5%$25,888

If you rented it out

-$290.21per month out of pocket
Rent$0.00
Everything it costs to hold$290.21
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX AFFILIATES MARQUIS LTD.. Listing data provided by the Toronto Regional Real Estate Board.