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314-316 MARLBOROUGH STREET, Cornwall, Ontario, K6H 4A3

MLS® # 1379983
Investment For Sale In Downtown, Cornwall, Ontario
$919,900
314-316 Marlborough Street, Cornwall, ON - Outdoor
314-316 Marlborough Street, Cornwall, ON - Outdoor
314-316 Marlborough Street, Cornwall, ON - Outdoor With View
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Other Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Dining Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Other Room
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Basement
314-316 Marlborough Street, Cornwall, ON - Outdoor
314-316 Marlborough Street, Cornwall, ON - Outdoor
314-316 Marlborough Street, Cornwall, ON  - Outdoor
314-316 Marlborough Street, Cornwall, ON  - Outdoor
314-316 Marlborough Street, Cornwall, ON  - Outdoor With View
314-316 Marlborough Street, Cornwall, ON  - Indoor Photo Showing Other Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Dining Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Living Room
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen With Double Sink
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Kitchen
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bathroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Bedroom
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Other Room
314-316 Marlborough Street, Cornwall, ON - Indoor
314-316 Marlborough Street, Cornwall, ON - Indoor Photo Showing Basement
314-316 Marlborough Street, Cornwall, ON - Outdoor
314-316 Marlborough Street, Cornwall, ON - Outdoor
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314-316 MARLBOROUGH STREET, Cornwall, Ontario, K6H 4A3
$919,900

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Siding
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1938
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 62.0 Feet
  • Lot Size: 62 ft X 132 ft
  • Zoning: 336
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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Location of 314-316 MARLBOROUGH STREET, Cornwall, Ontario, K6H 4A3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 314-316 MARLBOROUGH STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

69/100

ClimateCheck®

Current data

This property, 314-316 MARLBOROUGH STREET , experiences 11 significant 2-day storms per year, with about 332.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 423.9mm of precipitation per year.

Precipitation Per Storm

Past
332.1mm
2050
423.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 314-316 MARLBOROUGH STREET, Cornwall, Ontario, K6H 4A3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,038.86

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.21 %

High school certificate or equivalent

38.78 %

Apprenticeship trade certificate/diploma

6.43 %

College/non-university certificate

24.66 %

University certificate (below bachelor)

0.21 %

University Degree

6.71 %

Commuter

Travel To Work

By Car

82.13 %

By Public Transit

1.94 %

By Walking

7.0 %

By Bicycle

0.63 %

By Other Methods

8.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.79 %

Houses

56.21 %

Own Vs. Rent