Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 7
- Bathrooms
- 3
+6 more
$399,000
306 Marlborough
Cornwall, Ontario, K6H4A3
multiplex·sale·Tax $2,196/yr
Active
7
Bedrooms
3
Bathrooms
2,000-2,500 sqft
Square Feet
51 x 66 FT
Lot
0
Parking
Property Snapshot
Key details for this listing
MLS #X13169918
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 7-bedroom, 3-bathroom multi-family in Cornwall offers 2,000-2,500 sqft of square feet on a 51 x 66 FT lot. 2 storeys. The home features forced air, natural gas heating, none, a unfinished, full basement.
MLS Remarks
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:60351)
Full Listing Details
Address306 MARLBOROUGH STREET N
MLS#X13169918
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateMay 25, 2026
Days on Market153
Common InterestFreehold
Annual Tax$2,196 (2025)
Parking0
Parking TypeNo Garage
Possession DetailsTBA
Structure TypeTriplex
AttachedAttached
StyleMultiplex
Bedrooms7
Bathrooms3
Bedrooms Above Grade7
Square Feet2,000-2,500 sqft
Stories2
CityCornwall
ProvinceOntario
Postal CodeK6H4A3
Lot Dimensions51 x 66 FT
Frontage51.0 feet
Lot FeaturesCarpet Free
Total Parking0
Parking FeaturesNo Garage
HeatingForced air, Natural gas
CoolingNone
BasementUnfinished, Full
FoundationConcrete
ExteriorVinyl siding
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$2,196 (2025)
All tenant belongings.
Cross Streets: Aberdeen Ave. ** Directions: From Ninth St, Head South down Marlborough St, property is located on the West Side.
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