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Cornwall · K6H 4V3
$370,000
MLS® #X13042138
All photos · 23
6
Bedrooms
2
Bathrooms
1500-2000
Square Feet
About this property
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.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Pool
Taxes
Mortgage estimate
Estimated monthly payment
$1,562
Down payment: $74,000 · Loan: $296,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: REAL BROKER ONTARIO LTD., BROKERAGE. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Aug 10, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.