Gurvinder Nokwal REALTOR®
For Sale Detached 177 days on market

$370,000

Est. payment $1,638/moCalculate yours

303 Guy Street, Cornwall, ON K6H 4V3

717 - Cornwall, Cornwall, ON K6H 4V3

  • 6 Beds
  • 2 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of REAL BROKER ONTARIO LTD., BROKERAGE MLS® X13042138

About this home

Cash-flowing investment opportunity! Fully occupied and generating $50,148 in annual gross rental income, this turnkey investment property delivers immediate cash flow from closing. With six furnished rental rooms currently producing $4,179 per month, approximately $16,311 in annual operating expenses, and an estimated Net Operating Income of $33,837 per year (before owner-specific expenses), this is an outstanding opportunity for investors seeking reliable, proven returns. Designed for consistent rental demand, the property features six furnished bedrooms, two full bathrooms, spacious shared living areas, and a beautifully renovated kitchen completed in 2024. Recent improvements include a new front door and frame (2026), newer refrigerators, updated appliances, and numerous mechanical upgrades completed over recent years, making this a true turnkey investment. All six furnished rooms are currently rented, with monthly rents ranging from $665 to $717. The seller advises there has been only one month of vacancy since April 2024, demonstrating strong occupancy and consistent rental performance. Whether you’re expanding your investment portfolio or purchasing your first income property, this is a rare opportunity to acquire a well-maintained, income-producing asset with immediate cash flow.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
6
Bathrooms
2
Kitchens
1
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
29.5 x 55 Feet
Parking
None garage · 2 total

Financial

Property Taxes
$2,139 (2025)

Location

Neighbourhood
717 - Cornwall
Cross Street
Walton and Guy Street
Direction Faces
East

Listing

MLS® Number
X13042138
Days on Market
177
Listed On
2026-04-24
Possession
TBD
Listed By
REAL BROKER ONTARIO LTD., BROKERAGE

Features

Interior

  • Carpet Free

Pool

  • None
Included
Stove, 2 Fridges, Dryer, Washer, Dishwasher, Hood Fan
Excluded
Tenants Belonging
Rental items
Water heater $70/month +tax (approximately 840/year); Furnace/AC $72.75/month +tax (approximately $873/year). Buyer to assume rental contracts if applicable.(Buyouts as of OCT2025 Water heater 1,263+tax, Furnace/AC 1263+tax)

Mortgage calculator

Minimum for this price: $18,500 (5%)

Amortization, years

Estimated mortgage payment

$1,638 per month

Principal and interest
$1,638
Property tax
$178
Estimated monthly cost
$1,817

Your mortgage

Mortgage amount
$296,000
Mortgage insurance
Not needed
Interest over 25 years
$195,484

Cash to close

Down payment
$74,000
Land transfer tax
$4,025
Total, before legal fees
$78,025
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

303 Guy Street, Cornwall, ON K6H 4V3 717 - Cornwall, Cornwall, ON K6H 4V3
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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).

$370,000 303 Guy Street, Cornwall, ON K6H 4V3
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