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6 Beds
2 Baths

C$370,000

303 GUY STREET, Cornwall Ontario, K6H4V3

Property typeResidential
Courtesy of SUE STEWART with REAL BROKER ONTARIO LTD., BROKERAGE

Overview

Active

Listed Apr 24, 2026

Updated Aug 11

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:41202)

Additional information

MLS® ID
X13042138

Interior Features

Bedrooms
6
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Courtesy of SUE STEWART with REAL BROKER ONTARIO LTD., BROKERAGE

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