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7 Beds
3 Baths

C$399,000

306 MARLBOROUGH STREET N, Cornwall Ontario, K6H4A3

Property typeMulti-family
Courtesy of TAYLOR GINGRAS with RE/MAX AFFILIATES MARQUIS LTD.

Overview

Active

Listed May 25, 2026

Updated 24h ago

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. Unit 310 (3 Bed) will be vacant as of October 31ST. 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:41202)

Additional information

MLS® ID
X13169918

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$2,196
Tax Frequency
Annually

Courtesy of TAYLOR GINGRAS with RE/MAX AFFILIATES MARQUIS LTD.

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