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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13042138
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Beds / Baths	6 bed · 2 bath
Neighbourhood	717 - Cornwall
City	Cornwall
Postal Code	K6H 4V3
Province	ON
Listed Date	April 24, 2026
Days on Market	104
Price per Sq Ft	$247
Brokerage	RE/MAX AFFILIATES MARQUIS LTD.