306 Marlborough Street N
Cornwall, ON K6H 4A3
- 7Bedrooms
- 3Bathrooms
- 0Parking
- 2000–2500Sq Ft
- $2,196Tax
- 51×66 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 306 Marlborough Street N, Cornwall
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 306 Marlborough Street N, Cornwall
Summarized Description
- Triplex with 7 bedrooms offers strong investment potential.
- Currently generating $3,650 monthly in rental income.
- Net Operating Income estimated at $34,000 annually.
- Cap rate of 7.8% makes it attractive for investors.
- Located in desirable Marlborough neighbourhood.
- Convenient access to schools, parks, and amenities.
- 24-hour notice required for showings.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,196
- Land Transfer Tax Fee
- $4,460
- Basement Type
- Full, Unfinished
Interior Features
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Membrane
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 51.00 ft
- Lot Depth
- 66.00 ft
Exclusions
- Exclusions
- All tenant belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 7
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 3-piece
- Municipality
- Cornwall
- Neighbourhood
- Cornwall
- Main cross streets
- Aberdeen Ave
- Directions
- From Ninth St, Head South down Marlborough St, property is located on the West Side.
- MLS® number
- X13169918
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-05-25
- Updated on
- 2026-10-09
- Days on market
- 145 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS LTD.
Home Market Value
Current home valuation for 306 Marlborough Street N, Cornwall, Cornwall, ON. Listed for $399,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 306 Marlborough Street N, Cornwall
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$19,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,162 | $11,132 | $9,496 | $0 |
=Total mortgage | $394,212 | $370,232 | $348,646 | $319,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,925monthly | $1,808monthly | $1,702monthly | $1,558monthly |
Land Transfer Tax
$4,460
$4,460
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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