306 MARLBOROUGH STREET N, Cornwall, ON K6H4A3
717 - Cornwall
Key Facts
Description
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. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Listing #
X13169918
Property Features
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
Affordability Calculator
$83,980
Estimated monthly payment
$2,235/mo
Principal $335,920 · Est. interest $468,638 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cornwall, ON
- CA$475,258
- Median Listing Price
- 43
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$348
- Median Price / Sq Ft
- 432
- Active Listings
- This home’s price is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cornwall, ON.
Location
- 306 MARLBOROUGH STREET N, Cornwall, ON K6H4A3
Nearby Schools
Bishop Macdonell Catholic School
Elementary · 0.4 km away
T R Leger School of Adult & Continuing Secondary School
Secondary · 0.4 km away
Ecole Secondaire Catholique la Citadelle
Secondary · 0.5 km away
Central Public School
Elementary · 0.6 km away
Tr Leger School
School · 0.7 km away
Cornwall Collegiate and Vocational School
Secondary · 0.7 km away
St. Matthew Catholic Secondary School
Secondary · 1.0 km away
Ecole Secondaire Publique L'Heritage
Secondary · 1.6 km away
Sunrise & Shine Childcare Centre
School · 1.8 km away
Bridgewood Public School - Ucdsb
School · 1.8 km away
St Lawrence Secondary School
Secondary · 1.8 km away
Ecole Elementaire Catholique Marie-Tanguay
Elementary · 2.1 km away
Rose des Vents Ecole
School · 2.2 km away
St Peter Catholic School
Elementary · 2.4 km away
Freehouse Montessori School
Elementary · 2.8 km away
St Joseph's Catholic Secondary Sch
Secondary · 2.8 km away
Sacred Heart Catholic School
Secondary · 2.8 km away
Notre-Dame Catholic Elementary School
Elementary · 2.9 km away
Akwesasne Mohawk School
School · 3.0 km away
Cornwall Meat Cutting School
Secondary · 3.2 km away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in Cornwall
Listing Courtesy: RE/MAX AFFILIATES MARQUIS LTD.
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