




7 Beds
3 Baths
C$399,000
306 Marlborough Street N, Cornwall ON, K6H 4A3
Property typeMulti-family
Overview
Active
Price Change
Listed May 25, 2026
Updated 2 days ago
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.
Additional information
- MLS® ID
- X13169918
Interior Features
- Bedrooms
- 7
- Bathrooms
- 3
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $2,196
- Tax Frequency
- Annually
Courtesy of Listed by , RE/MAX AFFILIATES MARQUIS LTD.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 3:10 AM UTC, 10/10/2026