• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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303 Guy Street, Cornwall, ON K6H 4V3

303 Guy Street, Cornwall, ON K6H 4V3

Cornwall, ON, K6H 4V3 · 717 - Cornwall

6 Beds
2 Baths
— Sq Ft
1 Parking
Detached Type
X13042138 MLS#

About this property

Cash-flowing investment opportunity! Fully occupied and generating $50,148 in annual gross rental income, this turnkey investment property delivers immediate cash flow from closing. With six furnished rental rooms currently producing $4,179 per month, approximately $16,311 in annual operating expenses, and an estimated Net Operating Income of $33,837 per year (before owner-specific expenses), this is an outstanding opportunity for investors seeking reliable, proven returns. Designed for consistent rental demand, the property features six furnished bedrooms, two full bathrooms, spacious shared living areas, and a beautifully renovated kitchen completed in 2024. Recent improvements include a new front door and frame (2026), newer refrigerators, updated appliances, and numerous mechanical upgrades completed over recent years, making this a true turnkey investment. All six furnished rooms are currently rented, with monthly rents ranging from $665 to $717. The seller advises there has been only one month of vacancy since April 2024, demonstrating strong occupancy and consistent rental performance. Whether you're expanding your investment portfolio or purchasing your first income property, this is a rare opportunity to acquire a well-maintained, income-producing asset with immediate cash flow.

Features & Amenities

  • Basement: Unfinished
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Vinyl Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style 2-Storey
Bedrooms 6
Bathrooms 2
Basement Unfinished
Garage None
Parking Spaces 1
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $2,139
Tax Year 2025

Interior Features

Interior Features
Carpet Free

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Vinyl Siding
Foundation Details
Concrete
Roof
Asphalt Shingle
Basement
Unfinished

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
1
Parking Total
2.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
55.00
Lot Width
29.50

Financial & Tax

Tax Annual Amount
$2,139
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
10
Kitchens Above Grade
1
Kitchens Total
1
Bedrooms Above Grade
6

Additional Details

Occupant Type
Tenant
Direction Faces
East
County Or Parish
Stormont, Dundas and Glengarry
Cross Street
Walton and Guy Street
Directions
From 2nd Street East, head South on Guy Street and the home will be on your left hand side.
Special Designation
Unknown
Showing Requirements
Showing System

Location

303 Guy Street, Cornwall, ON K6H 4V3, Cornwall, ON, K6H 4V3

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.
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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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