306 Marlborough Street N, Cornwall, ON K6H 4A3
Cornwall, ON K6H 4A3
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. 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.
Property facts & features
- Property type
- Triplex
- MLS® number
- X13169918
- Source status
- Price Change
- Bedrooms
- 7
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K6H 4A3
- Parking spaces
- 0
- Garage
- None
- Lot depth (source units)
- 66
- Annual property tax
- 2196
- Basement
- Full, Unfinished
- Laundry
- Not provided
- Interior features
- Carpet Free
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $399,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Cornwall →Listing brokerage: RE/MAX AFFILIATES MARQUIS LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13169918. Information deemed reliable but not guaranteed.