812 Main St. Cornwall, Prince Edward Island C0A 1H0

4 Bedroom 4 Bathroom
Character Wall Mounted Heat Pump, Radiant Heat

$569,000

To drive by this charming home on Main Street in Cornwall one would think, incorrectly, that this was a typical bungalow that you would see throughout this quiet community. The reality is that both the main floor and the basement level have been completely refurbished to accommodate the discerning Airbnb clientele. It would be terrific for a large family or someone who entertains a lot of visitors from away. With four large bedrooms(not including the small office/kids room ) there is plenty room for everyone. It's even better for a multiple family situation (think in-law's) or a mortgage busting rent one level and live in the other arrangement. Looking at this property as an Airbnb business based on the following estimated rental incomes the new owner can expect total annual revenue to be in the neighborhood of $93,000. This estimate is based on the top unit rented at $275 per night and the lower unit at $175 per night. June-September (4 months at 90% occupancy, remaining months at 40% occupancy). ( this may be low as the downstairs was rented last summer for the same as upstairs because of the office/bedroom with bunkbeds) All measurements provided are estimates and it is the responsibility of the purchaser to verify. In 2024 the owner rented out this home, with great success, through the Airbnb system. Besides the significant major upgrades he purchased over $30,000 worth of high quality furniture, linen, kitchen ware and many other home decorative products. He is willing to sell these directly to the purchaser at a significant discount. The laundry room is located on the main level in the shared entrance foyer. There is ample room for an additional laundry room on the basement level. Note: The listing price includes HST. Assuming the new owner has a HST number this built in cost can hopefully be recovered over time. (id:33212)

Property Details

MLS® Number 202504313
Property Type Single Family
Community Name Cornwall
Features Paved Driveway

Building

Bathroom Total 4
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Cooktop - Electric, Oven, Range - Electric, Dishwasher, Dryer, Washer, Microwave
Architectural Style Character
Construction Style Attachment Detached
Exterior Finish Vinyl
Flooring Type Ceramic Tile, Hardwood, Laminate
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Electric
Heating Type Wall Mounted Heat Pump, Radiant Heat
Total Finished Area 2613 Sqft
Type House
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.25
Size Total 0.25 Ac|under 1/2 Acre
Size Total Text 0.25 Ac|under 1/2 Acre

Rooms

LevelTypeDimensions
Basement Kitchen 23x13
Basement Bedroom 12.6x16
Basement Bedroom 12x12
Basement Bath (# Pieces 1-6) 10x10
Basement Den 7x8
Basement Storage 8x8/4x4
Basement Utility Room 4x4/4x6
Main Level Living Room 20x13
Main Level Dining Room 12x13
Main Level Kitchen 12x13
Main Level Primary Bedroom 12x10
Main Level Ensuite (# Pieces 2-6) 8.6x10
Main Level Bath (# Pieces 1-6) 10x10
Main Level Bedroom 12x10
Main Level Bath (# Pieces 1-6) 5x5
Main Level Laundry Room 17x5.6
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https://www.realtor.ca/real-estate/27990356/812-main-st-cornwall-cornwall

Daniel Hughes

(902) 969-0000

Homelife P.e.i. Realty Inc.
101a Longworth Ave
Charlottetown, Prince Edward Island C1A 5A9

(902) 628-7332