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Est. payment /mo
Active
303 Guy ST Cornwall, ON K6H 4V3
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 717 - Cornwall
MLS Listing ID X13042138
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,139
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Carpet Free
Cooling Central Air
Inclusions Stove, 2 Fridges, Dryer, Washer, Dishwasher, Hood Fan
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 29.5
Lot Depth 55.0
Total Parking Spaces 2
Building
Foundation Concrete
Others
Senior Community No
ParcelsYN No
Listed by REAL BROKER ONTARIO LTD., BROKERAGE