Salehian.com 647-325-5000

306 Marlborough Street N

717 - Cornwall, Cornwall, K6H 4A3

$399,000

Reduced $35,900 from $434,900

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  • 7 bedrooms
  • 3 bathrooms
  • 0 parking
  • 2000-2500 sq ft

Listed 148 days ago · 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.

Details

Type
Triplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
51 × 66 ft
Basement
Full, Unfinished
Garage
None
Kitchens
3
Property tax
$2,196 (2025)
Neighbourhood
717 - Cornwall
Municipality
Cornwall

Interior

Bedrooms
7 above ground
Bathrooms
3 × 3-piece
Rooms
16 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Membrane
Foundation
Concrete
Faces
West

Lot

Size
51 × 66 ft

More

Possession
TBA
Cross street
Aberdeen Ave

History of this address

1 earlier listing 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 Somewhat walkable

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

Within a 10-minute walk: no grocery stores, 13 cafés and restaurants, 6 parks, 5 pharmacies. Nearest park: Joe St. Denis Park (100 m).

Schools nearby

Elementary

  • Bishop MacDonnell Catholic School Catholic
    EQAO: Gr 6 reading 64%, math 19%    6 min walk
  • Central Public School
    EQAO: Gr 6 reading 66%, math 17%    9 min walk
  • Bridgewood Public School
    EQAO: Gr 6 reading 58%, math 25%    1.8 km
  • École élémentaire catholique Marie-Tanguay French
    EQAO: Gr 6 reading 87%, math 55%    2.1 km

Secondary

  • TR Leger School - Cornwall8 min walk
  • École secondaire catholique La Citadelle French
    EQAO: Gr 9 math 66%, literacy test 92%    8 min walk
  • Cornwall Collegiate and Vocational School
    EQAO: Gr 9 math 19%, literacy test 72%    10 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 RE/MAX AFFILIATES MARQUIS LTD..

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

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