$419,900
306 Marlborough Street N, Cornwall, ON K6H 4A3
7 beds3 baths0 parking 2000-2500 ft²
Key facts
- MLS®
- X13169918
- Status
- Price Change
- Type
- Triplex
- Taxes
- $2,196
- Size
- 2000-2500 ft²
- Parking
- 0 total
- Listed
- 2026-05-25
- Brokerage
- RE/MAX AFFILIATES MARQUIS LTD.
- Cross street
- Aberdeen Ave
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.