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Home ON Greater Cornwall United Counties of Stormont, Dundas and Glengarry Cornwall Downtown
822 MARLBOROUGH STREET
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822 MARLBOROUGH STREET $3,700,000
$3,700,000
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822 MARLBOROUGH STREET
Cornwall, Ontario K6H4B4

MLS® Number: X12579648
23
Bedrooms
17
Bathrooms
5000 - 100000
Square Feet

Listing 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. (41719769)

Location Description

Ninth St E & Marlborough St

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
5000 - 100000 sqft
Community Name
717 - Cornwall
Land Size
143 x 352 FT
Annual Property Taxes
$24,200
Parking Type
No Garage
Time on REALTOR.ca
18 days

Building

Bedrooms
Above Grade
23
Bathrooms
Total
17
Interior Features
Appliances Included
Two stoves, Two Refrigerators
Basement Type
None
Building Features
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
20

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
143 ft
Land Depth
352 ft
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