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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.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:10 AM UTC, 10/10/2026

 

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