11
See all 11 photos
$434,900
Est. payment /mo
7 Beds
3 Baths
New
306 Marlborough ST N Cornwall, ON K6H 4A3
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 717 - Cornwall
MLS Listing ID X13169918
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,196
Tax Year 2025
Property Sub-Type Triplex
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 $3,650 per month in rental income (approximately $43,700 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,000 and an estimated cap rate of 7.8%, 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
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Membrane
Lot Frontage 51.0
Lot Depth 66.0
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.