$375,000

Detached

303 Guy Street, Cornwall, ON

88 DAYS
6
2
0
1500-2000
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Listed by RE/MAX AFFILIATES MARQUIS LTD.

Property Highlights

Parking

1 space

Property Tax

$2,139/yr

Lot Size

1,623 sqft

Style

2-Storey

Basement

Unfinished

Monthly Cost

$1,762/mo

About This Home

Turnkey income opportunity with strong returns. This single-family dwelling is currently generating over $35,000 in annual cash flow, with 2024 gross income of $49,200 and expenses of $13,436.76. Ideally located near the college, the property is set up for efficient rental use with six secured bedrooms, each with individual door codes. The main level offers two bedrooms, a shared living area, a renovated kitchen, and a 4-piece bathroom. Upstairs features four additional bedrooms, another 4-piece bath, and access to a balcony. Updates include the kitchen, furnace, central air, hot water tank, windows, insulation, siding, and roof. The sale includes furnishings and household contents, allowing for a seamless transition for the next owner. 48 hours notice required for showings. Room dimensions not available - please refer to floor plans in photos. A solid opportunity for investors seeking immediate income in a high-demand rental area.

Monthly Cost

Monthly Mortgage$1,584
Property Tax ($2,139/yr)$178
Total$1,762

Price & Listing History

Schools

Location

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Rooms

Main Level

Bathroom: 0.0 × 0.0
Living Room: 0.0 × 0.0
Kitchen: 0.0 × 0.0
Bedroom: 0.0 × 0.0
Bedroom 2: 0.0 × 0.0

Second Level

Bedroom 3: 0.0 × 0.0
Bathroom: 0.0 × 0.0
Bedroom 4: 0.0 × 0.0
Bedroom: 0.0 × 0.0
Bedroom 5: 0.0 × 0.0

Basement Level

Utility Room: 0.0 × 0.0

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage