306 Marlborough Street
717 - Cornwall, Cornwall, K6H 4A3
FOR SALE
$434,900
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7
BEDROOMS3
BATHROOMS3
KITCHENS16
ROOMSX13169918
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Property 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.
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Property Features
Carpet Free
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Property Details
Address
306 Marlborough Street
Community
City
Postal Code
K6H 4A3
Property Type
Triplex, Triplex
Lot Size
51' x 66'
Taxes
$2,196 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Affiliates Marquis Ltd.
This fully occupied triplex is conveniently located close to schools, amenities, and public transit an excellent addition to any investment portfolio or a great option for an owner-occupied property.Unit 1: $1,650 + utilities. Unit 2: $560 + utilities, Unit 3: $560 + utilities.The building produces a gross annual income of $33,240. Please note: A minimum of 48 hours notice is required for all showings, and as per Form 244, all offers must include a 48-hour irrevocable clause.
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TRIPLEX FOR SALE!!! Investment Opportunity in Downtown Cornwall. With excellent walkability to shopping, parks, transit, schools, and Cornwall beautiful waterfront, this property delivers convenience, flexibility, and long-term potential. The building features three self-contained units, including One 1-bedroom unit,One 2-bedroom unit and One 3 -Bedroom unit. An excellent opportunity for investors looking to expand their portfolio.One of the Seller is Registered Real Estate Salesperson. Minimum 48 hours notice required for all showing. As per Seller direction, please allow 24 hours irrevocable on all offers
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