Unknown for 822 Marlborough St, Cornwall Ontario K6H 4B4
2 days on Market

822 Marlborough St, Cornwall, Ontario K6H 4B4

Townhouse
23
17
~5000 + sqft
$3,700,000
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Townhouse
23
17
~5000 + sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$370/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size50,336 SqFt(352 x 143)
Parking Spaces20
MLS ®NumberX12579648
Community NameDowntown
Data SourceTRREB
Listing bySUTTON GROUP-ADMIRAL REALTY INC.

Features

Heating: Baseboard

Features

Lot size: 50,336 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 20


Property History

Nov 27, 2025
ListedActive
$3,700,000
2 days on market
history photo preview3
Listing by trreb®
Property listed by SUTTON GROUP-ADMIRAL REALTY INC., Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

7 listings

Compared to

2024

3 listings

2023

0 listing

2022

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$380,000

Compared to


Population and Demographics

Overview

Total population 9382
Average household income $75,581

Age (%)

0 to 19
17%
20 to 34
18%
35 to 49
15%
50 to 64
20%
65 and plus
30%

Household composition (%)

Single person
50%
Single family
44%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
French
17%
English and French
3%
Others
2%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget