Gurvinder Nokwal REALTOR®
For Sale Triplex 146 days on market

$399,000 ↓ $35,900 from $434,900

Est. payment $1,767/moCalculate yours

306 Marlborough Street N, Cornwall, ON K6H 4A3

717 - Cornwall, Cornwall, ON K6H 4A3

  • 7 Beds
  • 3 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD. MLS® X13169918

About this home

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.

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
2,000 sqft

Interior

Bedrooms
7
Bathrooms
3
Kitchens
3
Basement
Full, Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Membrane
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
51 x 66 Feet
Parking
None garage

Financial

Property Taxes
$2,196 (2025)

Location

Neighbourhood
717 - Cornwall
Cross Street
Aberdeen Ave
Direction Faces
West

Listing

MLS® Number
X13169918
Days on Market
146
Listed On
2026-05-25
Possession
TBA
Listed By
RE/MAX AFFILIATES MARQUIS LTD.

Features

Interior

  • Carpet Free

Pool

  • None
Excluded
All tenant belongings.

Mortgage calculator

Minimum for this price: $19,950 (5%)

Amortization, years

Estimated mortgage payment

$1,767 per month

Principal and interest
$1,767
Property tax
$183
Estimated monthly cost
$1,950

Your mortgage

Mortgage amount
$319,200
Mortgage insurance
Not needed
Interest over 25 years
$210,806

Cash to close

Down payment
$79,800
Land transfer tax
$4,460
Total, before legal fees
$84,260
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

306 Marlborough Street N, Cornwall, ON K6H 4A3 717 - Cornwall, Cornwall, ON K6H 4A3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$399,000 306 Marlborough Street N, Cornwall, ON K6H 4A3
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