Salehian.com 647-325-5000

303 Guy Street

717 - Cornwall, Cornwall, K6H 4V3

$370,000

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  • 6 bedrooms
  • 2 bathrooms
  • 2 parking
  • 1500-2000 sq ft

Listed 179 days ago · 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.

Details

Type
Detached
Style
2-Storey
Size
1500-2000 sq ft
Lot
29.5 × 55 ft
Basement
Unfinished
Garage
None
Kitchens
1
Property tax
$2,139 (2025)
Neighbourhood
717 - Cornwall
Municipality
Cornwall
Price per sq ft
$211 (43% below detached houses in 717 - Cornwall, $370)

Interior

Bedrooms
6 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second)
Rooms
10 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Faces
East

Parking

Total parking
2

Lot

Size
29.5 × 55 ft

More

Possession
TBD
Cross street
Walton and Guy Street

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 7 cafés and restaurants, 6 parks, 3 pharmacies. Nearest grocery: Food Basics (400 m). Nearest park: Belfort Park (350 m).

Schools nearby

Elementary

  • Bishop MacDonnell Catholic School Catholic
    EQAO: Gr 6 reading 64%, math 19%    1.3 km
  • Central Public School
    EQAO: Gr 6 reading 66%, math 17%    1.4 km
  • École élémentaire publique Rose des Vents French
    EQAO: Gr 6 reading 92%, math 67%    1.6 km
  • St. Peter's School Catholic
    EQAO: Gr 6 reading 80%, math 67%    1.7 km

Secondary

  • École secondaire catholique La Citadelle French
    EQAO: Gr 9 math 66%, literacy test 92%    8 min walk
  • TR Leger School - Cornwall9 min walk
  • École secondaire publique L'Héritage French11 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K6H

Owners / renters
55% / 45%
Median household income
$61,200
Average age
45
Children under 15
16%
Homes
51% detached, 6% high-rise
Commute by transit
3%
Population
30,440

Languages spoken most at home besides English: Urdu 1.3%, Punjabi (Panjabi) 0.4%, Tamil 0.3%, Arabic 0.3%.

Safety

Crime Severity Index for Cornwall police: 97 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL BROKER ONTARIO LTD., BROKERAGE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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