303 Guy Street, Cornwall, ON

$375,000.00

Category:

Description

Property Attributes
  • ID#X12467459
  • Listing Status: Active
  • City: Cornwall
  • Neighbourhood: 717 – Cornwall
  • Postal Code: K6H 4V3
  • Price: $ 375,000
  • Bedrooms: 06
  • Bathrooms: 02
  • Sqr Footage: 1500 – 2000
  • Lot Size: 29.5 Acres
    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.