488 HUGHSON STREET NORTH
Cornerstone · L8L4N7
$945,000
About this residence
Steps to the Bayfront, Art Crawl and GO station. VERY desirable area! 488 Hughson St N and 33-35 Wood St E, must be sold together, total ask price $1,890,000- $945,000 each. There are 2 deeds/2 lots. Both are legal 4 plexes, a total of 8 units. Fully renovated along with common areas. 8 hydro meters rewired with permits, 2 furnaces approx 13yrs. Proforma, plans, information sheet, zoning verifications attached as a supplement. Street parking only. All water lines replaced, most sewer stacks replaced, back roof redone, newer windows, exterior paint, all eavestroughs and facia newer. Seller willing to consider a VTB up to 80%LTV. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 4
- Storeys
- 2
- Living area
- 2,200 sq ft
- Frontage
- 70 feet
- Annual tax
- $4,581
- MLS®
- 40780796
- Board
- Cornerstone
- Status
- Active
- Listed
- Oct 21, 2025
- Updated
- Jun 2, 2026
Features & finishes
Heating
- Forced air
- Natural gas
Basement
- Partial
- Unfinished
Exterior
- Brick
- Vinyl siding
Foundation
- Stone
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$4,420/mo
Loan amount
$756,000
Down payment
$189,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L8L- 32,312
- Population
- 36
- Median age
- $65,000
- Median income
- $500,000
- Median home value
- 52%
- Home ownership
- 30 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 488 HUGHSON STREET NORTH?
488 HUGHSON STREET NORTH is listed for $945,000, in Cornerstone.
How many bedrooms and bathrooms does 488 HUGHSON STREET NORTH have?
It offers 5 bedrooms and 4 bathrooms.
What type of home is 488 HUGHSON STREET NORTH?
488 HUGHSON STREET NORTH is a Multi-family, Fourplex set over 2 storeys.
How large is 488 HUGHSON STREET NORTH?
The home offers approximately 2,200 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,420. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,581 per year.
What is the Cornerstone area like?
Cornerstone has a population of about 32,312, a median age of 36, a 52% home-ownership rate, with an average commute of about 30 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $65,000.
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