$ 919.900

314 316 Marlborough Street, Cornwall

29 Photos

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 2

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 3

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 4

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 5

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 6

314 316 Marlborough Street, Cornwall, ON K6H4A3 Photo 7

MLS®: 1379983
Type: Townhouse

Added: 53 days ago

Property Details

Discover the epitome of investment opportunity with this meticulously maintained 6-plex, cherished by its retiring owner for 15 years. Boasting a stellar tenant history this property ensures stability and growth for savvy investors. Upgraded electrical, plumbing, and cosmetic enhancements showcase the owner's dedication to excellence. With tenants responsible for utilities and the owner managing hot water expenses and common area electricity, this investment is streamlined for efficiency. Enjoy an additional revenue stream with the coin-operated laundry room. Convenient rear parking lot enhances tenant satisfaction. A 2.5% rent increase went into effect for all units April 2024. Seller requires 24 hours irrevocable on all offers. Seller requires 48 hours showing notice for tenants. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Heating: Baseboard heaters, Electric
List AOR: Cornwall
Stories: 2
Tax Year: 2023
Year Built: 1938
Photos Count: 29
Water Source: Municipal water
Parcel Number: 601740158
Parking Total: 6
Common Interest: Freehold
Association Name: Self maintained -
Tax Annual Amount: 4916
Exterior Features: Siding
Foundation Details: Poured Concrete
Lot Size Dimensions: 62 ft X 132 ft
Zoning Description: 336
Number Of Units Total: 6

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Nearby Places

Name	Type	Address	Distance
Cornwall Collegiate and Vocational School	Establishment	437 Sydney St	0.7 km
Cornwall Collegiate and Vocational School	It was built in 1806 and is one of the oldest scho...		0.7 km
Cleo Cornwall Square	Clothing store	1 Water St E	0.8 km
CJUL	Owned and operated by Corus Entertainment, it broa...		0.9 km
Schnitzels European Flavours	Cafe	158 Pitt St	0.9 km
Cornwall Civic Complex	The arena inside is called the Ed Lumley Arena, na...		1.0 km
Si Miller Arena	It was built in 1936 and hosted the Cornwall Royal...		1.0 km
Cornwall Civic Complex	Establishment	100 Water St E	1.0 km
St. Lawrence College - Cornwall Campus	School	2 St Lawrence Dr	1.4 km
Cornwall, Ontario	Cornwall is Ontario's easternmost city, located on...		1.7 km
Eastern District, Upper Canada	Known as Lunenburg District (named after Lüneburg ...		1.7 km
Cornwall Island (Ontario)	The island is located completely in Canada, but is...		2.0 km

Similar Townhouses Stat in Cornwall

We have found 4 Townhomes that closely match the specifications of the property located at 314 316 Marlborough Street with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 599,900 and 750,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the K6H4A3 postal code area of Cornwall Ontario Canada.

314 316 Marlborough Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 314 316 Marlborough Street. The current price of the property is $919,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $735,920. This would result in a monthly mortgage payment of $4,302 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	10
University / Below bachelor level	10
College	35
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	85
Widowed	20
Divorced	35
Separated	15
Never married	75
Living common law	50
Married or living common law	130
Not married and not living common law	145

Neighbourhood Construction Date

1961 to 1980	70
1981 to 1990	10
1960 or before	95

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