Homes for sale - 822 Marlborough ST, Cornwall, ON K6H 4B4

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Jeff Balys

jeff@balys.org +1(613) 795-3947

$ 3,700,000

Est. payment | -/mo

23 Beds

17 Baths

Save

$ 3,700,000

Est. payment | -/mo

Save

23 Beds

17 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 717 - Cornwall

MLS Listing ID X12579648

Style 2-Storey

Bedrooms 23

Annual Tax Amount $24,200

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Area Stormont, Dundas And Glengarry

Rooms

Family Room No

Basement None

Kitchen 12

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Pool None

Roof Type Other

Lot Frontage 143.0

Lot Depth 352.0

Total Parking Spaces 20

Building

Foundation Other

Others

ParcelsYN No

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 795-3947

jeff@balys.org

Ottawa Ontario, Canada

822 Marlborough ST Cornwall, ON K6H 4B4