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Investment signal

$375,000

307-309 PRINCE ARTHURE STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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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

Exceptional Side-by-Side Duplex in Cornwall - Investment Potential AwaitsHere is your chance to acquire a side-by-side duplex offering solid income potential and future upside. Located on Prince Arthur Street in Cornwall, this property features two large three-bedroom units, separate hydro meters, and tenants paying their own utilities.One of the units does require renovations, making this an ideal opportunity for an investor who sees the value in improving a property and maximizing its potential. While the location may not be considered one of Cornwall's most sought-after areas, the numbers, layout, and upside make this duplex a smart addition to any growing portfolio.For buyers looking for an affordable income property with value-add potential, this could be the opportunity you've been waiting for. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 717 - Cornwall
Lot dimensions: 50 x 90 FT
Bedrooms: 3 above grade, 3 below grade
Parking: 4 total
Stories: 2
On market: Apr 20, 2026
Status changed: Apr 24, 2026
Annual tax: $2,311 (2025)
Zoning: RES
Photos: 12
MLS#: X13022446
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Poured Concrete

Positive cash flow ~$894/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

14.31%

Cap rate

7.73%

GRM

9.5

Break-even rent

$2,359

Financing

Down payment$75,000

Loan amount$300,000

Mortgage$1,520/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$172

Insurance$80

Maintenance$313

CapEx reserve$156

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 $1,520/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 24, 2026.