Exclusive Listing · Cornwall, Ontario

10.46 Acres of Premier
Commercial Corner Land

A rare, fully signalized corner site at Marleau Avenue & Nick Kaneb Drive, directly across from Cornwall's new $97M secondary school, three minutes from Highway 401, and bordering the rapidly expanding Cornwall Business Park.

Total Area
10.46 Acres
Frontage
1,100+ ft
Zoning
CC-SC
Asking Price
$3,659,600
The Numbers

What the market just paid for this corner.

In June 2025 an institutional buyer, funded by the Province of Ontario, purchased the land directly across the street. That transaction is a matter of public record, and it sets the benchmark for this corner.

$11.9M
Paid for the 24.2-Acre Site Opposite (June 2025)
$491,700/ac
Implied Land Value Across the Street
$350,000/ac
This Site, at Asking Price
29%
Below the Across-the-Street Benchmark

Source: City of Cornwall Council Report 2025-57 (24 March 2025) confirms the school site as two parcels totalling 9.8 hectares (24.2 acres) at the northeast corner of Marleau Avenue and Nick Kaneb Drive. The Upper Canada District School Board's acquisition was approved at $11,900,000 in June 2025, funded by the Ontario Ministry of Education.

Wider corridor evidence is equally direct. Broccolini's 984,000 sq ft Cornwall distribution centre, five minutes from this site, sold to Michelin for $246.35 million. Great Wolf Lodge is developing a US$350 million, 350-room indoor waterpark resort on 40 acres along the northern Nick Kaneb extension, projected to draw over 600,000 visitors annually. Ontario Power Generation is midway through a $600 million rehabilitation of the R.H. Saunders generating station. And in a single 2022 council meeting the City sold 158 acres of business park land to four buyers, including Broccolini.

There is currently no competing serviced commercial land of comparable scale listed for sale in the City of Cornwall.

Property Overview

An exceptional commercial corner site, ready for transformative development.

Positioned at the northwest corner of two major arterial roads, this 10.456-acre parcel offers over 1,100 feet of combined frontage at a fully signalized intersection in one of Eastern Ontario's fastest-growing commercial corridors.

Immediately west of Cornwall Business Park, home to major distribution centres for Michelin, Walmart Supply Chain Management, Loblaws, and Shoppers Drug Mart, the site benefits from the Nick Kaneb Drive extension to Highway 401, dramatically improving regional accessibility for logistics, retail, and mixed-use development.

With municipal services at the property line and the parcel zoned CC-SC (Community Commercial / Shopping Centre), the land is shovel-ready for retail, mixed-use, or institutional uses. Directly across Nick Kaneb Drive, a $97.1M public secondary school is being built for 1,500 students, opening September 2029 and delivering captive daily traffic to this corner from day one.

10.46 ac
Land Area
1,100+ ft
Total Frontage
$350K/ac
Asking Price Per Acre
3 min
Drive to Hwy 401
Site Features

Built for visibility, scale, and growth.

Every fundamental developers look for: location, access, services, and demand drivers, converging on a single corner.

Fully Signalized Corner

Controlled intersection at the meeting of two major arterials, ensuring safe, high-visibility ingress and egress.

CC-SC Commercial Zoning

Community Commercial / Shopping Centre zoning supports retail, plaza, big-box, professional services, and mixed-use development.

1,100+ ft of Frontage

Exceptional street exposure on Nick Kaneb Drive and Marleau Avenue, with premium signage and access opportunities.

Direct Hwy 401 Access

The completed Nick Kaneb Drive extension delivers seamless access to Highway 401, ideal for distribution and retail.

Shovel-Ready

Full municipal services available at the property line: water, sewer, hydro, and natural gas ready for connection.

Proven Growth Corridor

Cornwall Business Park has seen 200+ acres in major transactions, with Broccolini and Great Wolf Lodge among recent investors.

Aerial Tour

See the site from the air.

A full aerial tour of the parcel, its frontage on both arterial roads, and its position within Cornwall's Highway 401 commercial corridor.

Market & Demographics

A city adding a thousand people a year.

Cornwall is no longer a quiet border city. It is one of Eastern Ontario's fastest-growing distribution, logistics and residential markets, and the growth is arriving on this corridor.

54,346
City Population (2025 Estimate)
10%
Population Growth, 2020 to 2025
128,617
Regional Trade Area (SDG Counties)
1,000+
Residential Units in the Approvals Pipeline
Who shops this corner

Cornwall added roughly 995 residents per year between 2020 and 2025, a 10% increase in five years, while the surrounding United Counties of Stormont, Dundas and Glengarry bring the total catchment to more than 128,000 people. The site sits between an established residential neighbourhood to the west and the employment lands to the north, south and east, capturing both daily commuter traffic and shift traffic from the distribution centres. The corridor already carries an established daily traffic count of 16,000 vehicles, with significant increases anticipated as the surrounding corridor continues to develop.

From September 2029, 1,700 secondary students and staff will arrive and depart directly across the intersection every weekday, a demand driver that retail, quick-service food and convenience operators actively site against.

What is being built nearby

Beyond the school, the pipeline includes the Great Wolf Lodge resort, a 300+ bed long-term care facility expansion, a new downtown arts centre, and more than a thousand residential units at various approval stages. The Cornwall Business Park continues to service and release employment land, and the completed Nick Kaneb Drive extension has opened direct Highway 401 access past this property.

Cornwall also sits within a two-hour drive of Ottawa, Montreal and the New York State border crossing, the logic that brought Walmart, Loblaws, Shoppers Drug Mart and Michelin to the city in the first place.

Location & Anchors

At the centre of Cornwall's growth story.

Cornwall, Ontario is one of Eastern Canada's fastest-growing distribution and logistics hubs, anchored by national tenants and supported by aggressive municipal investment in infrastructure and housing.

Nearby Anchors & Landmarks

  • New Public Secondary School (under construction)Adjacent
  • Cornwall Business ParkBordering
  • Michelin Distribution Centre (984,000 sq ft)Bordering
  • Walmart SCM Distribution Centre~2 min
  • Loblaws Distribution Centre~2 min
  • Shoppers Drug Mart Distribution~3 min
  • Highway 401 Interchange~3 min
  • Great Wolf Lodge (proposed)Cornwall
  • Cornwall Regional Airport~10 min
Site Imagery

The property in context.

Aerial footage of the parcel showing the surrounding road network, the new secondary school site directly opposite, and the Highway 401 interchange to the south-east.

Aerial view of the 10.46-acre commercial parcel with property boundary outlined, Cornwall ON
Development Potential

What can be built here.

CC-SC zoning is among the most permissive commercial designations in the City of Cornwall, and 10.46 acres at a signalized corner gives a developer room to phase, pad out, or build to a single large format.

Retail Plaza or Power Centre

Multi-tenant format anchored by grocery, pharmacy or large-format retail, with signalized ingress from two arterials and 1,100+ ft of exposure.

Quick-Service Pads

Corner pad sites at a controlled intersection with school and distribution-centre traffic, the profile drive-thru operators target.

Automotive or Service Commercial

Signalized corner exposure on two arterials suits a dealership, service centre or fuel/convenience operator drawing on commuter and Business Park traffic.

Medical or Professional Campus

Clinic, dental, veterinary and professional office uses serving a growing residential catchment and an ageing regional population.

Mixed-Use or Residential

Potential for residential density above commercial in a city with 1,000+ units already in the approvals pipeline.

Logistics or Light Industrial Support

Bordering the Cornwall Business Park and its national distribution tenants, the site suits ancillary logistics, fleet, or light industrial uses serving that corridor.

Listing Details

Property fact sheet.

Asking Price$3,659,600 CAD, $350,000 per acre
AddressNW Corner, Marleau Avenue & Nick Kaneb Drive, Cornwall, Ontario
Total Area10.456 acres (10.46 ac)
ZoningCC-SC, Community Commercial / Shopping Centre (City of Cornwall)
FrontageOver 1,100 ft combined on Marleau Ave & Nick Kaneb Dr
IntersectionFully signalized corner of two major arterial roads
ServicingMunicipal water, sanitary, storm, hydro and gas at property line
Highway AccessHwy 401 via the completed Nick Kaneb Dr extension
Adjacent UseNew $97.1M public secondary school under construction directly across Nick Kaneb Drive, 1,500 students, opening September 2029
Surrounding TenantsMichelin, Walmart SCM, Loblaws, Shoppers Drug Mart, Great Wolf Lodge (proposed)
Recent Comparable ActivityUpper Canada District School Board paid $11,900,000 for the 24.2-acre site directly opposite ($491,700 per acre, June 2025, City of Cornwall report 2025-57). 200+ acres transacted in the adjacent Cornwall Business Park (2022).
Permitted Uses (illustrative)Retail, restaurant, professional office, medical, mixed-use, potential residential
TermsVendor take-back financing available · Conditional / due-diligence periods welcome
StatusAvailable. Offered direct from ownership · No listing commission · 2% cooperating commission to buyer's agents
Inquire

Request the information package.

All inquiries from developers, investors and end-users are handled directly by Noyar Developments Inc. ownership. There is no listing agent between you and the decision-maker. Submit your details and we will send the full information package: survey and parcel details, CC-SC zoning excerpt, servicing confirmation, aerial imagery, and a preliminary discussion of terms including vendor financing.

Listing Entity
Noyar Developments Inc.
Region
Cornwall, Ontario, Canada