306 Marlborough Street N, Cornwall, ON K6H 4A3
Cornwall, ON, K6H 4A3 · 717 - Cornwall
About this property
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Basement | Full, Unfinished |
| Garage | None |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $2,196 |
| 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
- Membrane
- Basement
- Full, Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 0.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 66.00
- Lot Width
- 51.00
Financial & Tax
- Tax Annual Amount
- $2,196
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Stormont, Dundas and Glengarry
- Cross Street
- Aberdeen Ave
- Directions
- From Ninth St, Head South down Marlborough St, property is located on the West Side.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
306 Marlborough Street N, Cornwall, ON K6H 4A3, Cornwall, ON, K6H 4A3