303 Guy Street, Cornwall, ON K6H 4V3
Stormont, Dundas and Glengarry County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
2-Storey
Stories
2
Lot Dimensions
29.5x55.0
Parking Spaces
2
MLS® Listing#
X13042138
Property Features
Cooling
Heating
Basement
Pool
Construction
Roof
Financial Details
Annual Taxes
CA$2,139
Tax year 2025
Parcel Number
601540339
Directions
From 2nd Street East, head South on Guy Street and the home will be on your left hand side.
Affordability Calculator
$74,000
Estimated monthly payment
$1,969/mo
Principal $296,000 · Est. interest $412,946 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cornwall, ON
- CA$475,369
- Median Listing Price
- 43
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$350
- Median Price / Sq Ft
- 443
- Active Listings
- This home’s price is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cornwall, ON.
Location
- 303 Guy Street, Cornwall, ON K6H 4V3
Getting Around
Points of Interest in Cornwall, ON
Showing the Cornwall area map.
Nearby Schools
Ecole Secondaire Catholique la Citadelle
Secondary · 0.5 km away
T R Leger School of Adult & Continuing Secondary School
Secondary · 0.6 km away
Ecole Secondaire Publique L'Heritage
Secondary · 0.7 km away
St Lawrence Secondary School
Secondary · 1.2 km away
Bishop Macdonell Catholic School
Elementary · 1.3 km away
Central Public School
Elementary · 1.4 km away
Rose des Vents Ecole
School · 1.6 km away
Tr Leger School
School · 1.6 km away
Cornwall Collegiate and Vocational School
Secondary · 1.6 km away
Bridgewood Public School - Ucdsb
School · 1.7 km away
St Peter Catholic School
Elementary · 1.7 km away
Ecole Elementaire Catholique Marie-Tanguay
Elementary · 1.7 km away
St. Matthew Catholic Secondary School
Secondary · 1.9 km away
Cornwall Meat Cutting School
Secondary · 2.5 km away
Sunrise & Shine Childcare Centre
School · 2.7 km away
Freehouse Montessori School
Elementary · 3.6 km away
Akwesasne Mohawk School
School · 3.6 km away
St Joseph's Catholic Secondary Sch
Secondary · 3.8 km away
Sacred Heart Catholic School
Secondary · 3.8 km away
Akwesasne Freedom School
School · 3.8 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 24 Lennox Street, Cornwall, ON | CA$324,900 | 5 | 3 | — |
| 47 LENNOX STREET, Cornwall, ON | CA$329,900 | 6 | 3 | — |
| 47 Lennox Street, Cornwall, ON | CA$329,900 | 6 | 3 | — |
| 408 MCCONNELL AVENUE, Cornwall, ON | CA$330,000 | 5 | 2 | — |
| 408 MCCONNELL Avenue, Cornwall, ON | CA$330,000 | 5 | 2 | — |
| 307-309 PRINCE ARTHURE STREET, Cornwall, ON | CA$349,000 | 6 | 2 | — |
