Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 2
Features: Carpet Free
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Size: 29.5 x 55 Acre
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 1

Rooms:

3rd Bedroom 2nd Level Measurements not available
4th Bedroom 2nd Level Measurements not available
Bathroom 2nd Level Measurements not available
5th Bedroom 2nd Level Measurements not available
Bedroom 2nd Level Measurements not available
Utility Basement Level Measurements not available
Living Main Level Measurements not available
Bedroom Main Level Measurements not available
Bathroom Main Level Measurements not available
2nd Bedroom Main Level Measurements not available
Kitchen Main Level Measurements not available

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

More Detail

Less Detail

Demographic Information of 303 GUY STREET, Cornwall, Ontario, K6H 4V3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$64,929.33

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.21 %

High school certificate or equivalent

36.57 %

Apprenticeship trade certificate/diploma

5.82 %

College/non-university certificate

22.35 %

University Degree

4.04 %

Commuter

Travel To Work

By Car

78.67 %

By Public Transit

7.18 %

By Walking

7.29 %

By Bicycle

0.0 %

By Other Methods

6.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.8 %

Houses

49.2 %

303 GUY STREET, Cornwall, Ontario, K6H 4V3