822 Marlborough Street N, Cornwall, ON K6H 4B4

For Sale 11 days on Market MLS® X13046302

Asking Price

$3,500,000

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822 Marlborough Street N, Cornwall, ON K6H 4B4

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Overview

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This brand-new twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply. Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-story waterslide, and whirlpool. Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities.

Bedrooms

Bathrooms

17.0

Area

5,000 sqft

Lot Size

1.2 acres

Type

Multiplex

Property Details

Year BuiltNot Disclosed

CityCornwall

Postal CodeK6H4B4

Lot Dimensions143.00 × 352.00 ft

Parking20 spaces

Interior Features

Heat: Baseboard

Heat Source: Electric

Cooling: None

Style: 2-Storey

Exterior & Land

Sewer: Sewer

Construction: Brick

Roof: Flat, Tar and Gravel

Utilities & Services

Heat SourceElectric

SewerSewer

Financial Information

List Price$3,500,000

Annual Taxes$21,165 (2025)

Days on Market11

MLS® X13046302 • Listed by ROYAL LEPAGE TEAM REALTY

822 Marlborough Street N, Cornwall, ON K6H 4B4

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Purchase Calculator

Home Price

$3,500,000.00

Location

Down Payment

$735,000.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

822 Marlborough Street N, Cornwall, ON K6H 4B4

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