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Investment signal

$370,000

303 GUY STREET

Save this home

Beds

6

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cornwall. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

If you're looking for an investment that works on paper and in real life... this is it. This single-family income property is already producing $35,500+ in annual cash flow, with $46,800 in gross income and low operating expenses of $14,659. Set up for consistent demand and efficient management, it's ideally located near the college and configured with six secure bedrooms, each with its own coded entry. The layout is simple and effective. The main floor offers two bedrooms, a shared living area, updated kitchen, and a full 4-piece bath. Upstairs features four additional bedrooms, another full bath, and access to a balcony. Major updates have been taken care of, including kitchen, furnace, central air, hot water tank, windows, insulation, siding, and roof. Sold furnished with stove, two fridges, washer, dryer, dishwasher, and hood fan, this is a true turnkey setup.48 hours notice required for showings. Room dimensions not available, please refer to floor plans in photos. A clean, straightforward opportunity in a high-demand rental location. (id:65958)

Subtype
Single Family
Structure
House
Community
717 - Cornwall
Common interest
Freehold
Lot dimensions
29.5 x 55 FT
Bedrooms
6 above grade
Parking
2 total
Stories
2
On market
Apr 24, 2026
Status changed
Apr 25, 2026
Annual tax
$2,139 (2025)
Photos
22
MLS#
X13042138
Area
CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherDishwasherStoveDryerHood FanTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Concrete

Lot

Carpet Free
Positive cash flow ~$923/mo at these assumptions

Cash on cash

14.97%

Cap rate

7.86%

GRM

9.3

Break-even rent

$2,328

Financing

Down payment$74,000
Loan amount$296,000
Mortgage$1,500/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$170
Insurance$80
Maintenance$308
CapEx reserve$154
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,500/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.

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