303 Guy St, Cornwall, ON K6H4V3

Beds
6
Baths
2

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Listed byRE/MAX AFFILIATES MARQUIS LTD.
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Overview

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. (id:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
6
Number of bathrooms
2
Lot size (acres)
0.04

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas, Forced Air
Sewer
Sewer
Water
Water

Taxes

Tax Annual Amount (2025)
$2,139

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: X13042138 Last checked:

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