The Jennifer Jones Team, LPT Realty, Brokerage
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Cornwall, ON

306 MARLBOROUGH STREET N

$399,000

Listed by
RE/MAX AFFILIATES MARQUIS LTD.
TAYLOR GINGRAS, Salesperson

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Detached at 306 MARLBOROUGH STREET N, Cornwall, ON
306 MARLBOROUGH STREET N, Cornwall, ON, photo 2306 MARLBOROUGH STREET N, Cornwall, ON, photo 3

Property facts

Price
$399,000
Type
Detached
Bedrooms
7
Bathrooms
3
MLS®
X13169918
Status
active
Brokerage
RE/MAX AFFILIATES MARQUIS LTD.

About this home

Description provided by the listing brokerage

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.

Location

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