306 MARLBOROUGH STREET N, Cornwall
$419,900
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. 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 45 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 76, across 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $399,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 45
- Median sale price
- $399,900
- Sale-to-list ratio
- 95.9%
- Sold above asking
- 10%
Based on 77 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
$299,900
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Multiplex531,500–2,000 sqft2225 ROUTE 900 ROUTE W, 605 - The Nation Municipality, The Nation
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Multiplex8+121,500–2,000 sqft230 ALICE STREET, 717 - Cornwall, Cornwall
$460,000
Multiplex422,000–2,500 sqft12 - 12A CARTIER AVENUE, 717 - Cornwall, Cornwall
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Multiplex6+321,500–2,000 sqft307-309 PRINCE ARTHURE STREET, 717 - Cornwall, Cornwall
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Multiplex621,500–2,000 sqft122 NEW STREET, 717 - Cornwall, Cornwall
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Multiplex421,100–1,500 sqft412 MC CONNELL AVENUE, 717 - Cornwall, Cornwall