303 GUY STREET, Cornwall
$370,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 6 bedrooms, 2 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13042138
- Neighbourhood
- 717 - Cornwall
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.
Sold data
Detached homes in Cornwall — recent sold market
Detached homes in Cornwall took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 57, across 140 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $440,000.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $440,000
- Sale-to-list ratio
- 98.2%
- Sold above asking
- 16%
Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Cornwall
Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.
- Rated schools
- 18
- Elementary
- 11
- Secondary
- 7
- Average rating
- 4.4 / 10
Top-rated schools in Cornwall
- St Anne's — elementaryFraser rating 6.9/10
- Rose des Vents — elementaryFraser rating 6.7/10
- St. Joseph's — secondaryFraser rating 6.1/10
- Marie-Tanguay — elementaryFraser rating 5.6/10
- Notre-Dame — elementaryFraser rating 5.3/10
- St Peter's — elementaryFraser rating 5.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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