306 MARLBOROUGH STREET N, Cornwall
$399,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13169918
- Neighbourhood
- 717 - Cornwall
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.
Sold data
Multiplex homes in Cornwall — recent sold market
Multiplex homes in Cornwall took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 80, across 72 recorded sales.
The median sale price was $391,200.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
- Median days to sell
- 42
- Median sale price
- $391,200
- Sale-to-list ratio
- 96.0%
- Sold above asking
- 13%
Based on 72 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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
Homes for sale near 306 MARLBOROUGH STREET N
$375,000
Multiplex621,500–2,000 sqft122 NEW STREET, 717 - Cornwall, Cornwall
$359,900
Multiplex622,000–2,500 sqft225 8TH STREET W, 717 - Cornwall, Cornwall
$299,900
Multiplex521,500–2,000 sqft331 7TH STREET E, 717 - Cornwall, Cornwall
$419,000
Multiplex421,500–2,000 sqft119 BECKWITH STREET N, 901 - Smiths Falls, Smiths Falls
$329,900
Multiplex421,500–2,000 sqft21 ARTHUR STREET, 717 - Cornwall, Cornwall
$374,900
Detached411,500–2,000 sqft311 FOURTH STREET W, 717 - Cornwall, Cornwall
$429,900
Semi-Detached/Link621,500–2,000 sqft434-436 5TH STREET E, 717 - Cornwall, Cornwall
$344,000
Semi-Detached/Link4+22700–1,100 sqft574 LYNWOOD DRIVE, 717 - Cornwall, Cornwall