303 Guy Street, Cornwall, ON

$370,000

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6

Beds

2

Baths

1,500

Square feet

About 303 Guy Street

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.

Features of 303 Guy Street

MLS® # X13042138
Price $370,000
Bedrooms 6
Bathrooms 2.00
Square Footage 1500-2000
Type Residential Freehold
Sub-Type Detached
Style 2-Storey
Status Active

Community Information

Address 303 Guy Street
Area Stormont, Dundas and Glengarry
Subdivision 717 - Cornwall
City Cornwall
Province ON
Postal Code K6H 4V3

Amenities

Parking Spaces 1
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Unfinished

Exterior

Exterior Vinyl Siding

Listing Details

OfficeREAL BROKER ONTARIO LTD., BROKERAGE

Listing Map