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    For Sale - 822 Marlborough Street, Cornwall, Ontario

    Est payment $17,767/mo
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    Views   1
    Time on Jump  125 day

    AI Summary *

    • Brand-new 12-unit apartment building with modern, durable construction.
    • Fully rented with reliable cash flow and strong tenant appeal.
    • Central location near grocery stores, schools, parks, and transit.
    • Low operating costs and minimal maintenance for hassle-free investment.
    • Future development potential with R40 zoning for additional building opportunities.




    Exceptional investment opportunity in the heart of cornwall! This brand-new, purpose-built 12-unit apartments offers an exceptional chance to secure a modern, fully stabilized income property in a high-demand area. Designed for long-term durability and investor peace of mind, the building features 11 spacious 2-bedroom units and 1 well-appointed 1-bedroom unit, all professionally finished with great layouts, quality materials, and efficient mechanical systems. The property is fully rented, providing immediate and reliable cash flow with strong tenant appeal thanks to its well thought construction, bright interiors, and functional floor plans. Investors will appreciate the low operating costs associated with new construction, minimal maintenance requirements, and the strong rental upside in a rapidly growing market. Ideally located in central cornwall, the building is just moments away from major amenities including grocery stores, schools, the hospital, parks, shopping, and transit, ensuring long-term rental stability and consistent demand. The area continues to see growth and revitalization, making this an excellent long-term hold. A turnkey, fully leased asset like this-combining modern construction, strong income, prime location, and future development options-is incredibly hard to find. A perfect choice for both seasoned and now investors seeking stability, growth, and long-term returns. The rear portion of the land is subject to severance and not included in the primary offering, but can be negotiated separately for buyers seeking future development potential. With r40 zoning, the site allows for the possibility of constructing an additional building (buyer to verify with the city of cornwall), providing a rare opportunity to expand and maximize the value of the property.
    Listing IDX12579648
    Address822 Marlborough Street
    CityCornwall, Ontario
    Price$3,700,000
    Bed / Bath23 / 17 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement NoneFoundation OtherHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 20.00
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    Listing Agency:  SUTTON GROUP-ADMIRAL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    822 Marlborough Street
    Cornwall , Ontario
    23 17 $3,700,000
    Get more info