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Investment signal

$425,000

439 3RD STREET E

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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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

Spacious 1.5-storey home offering incredible flexibility with 7 bedrooms and multiple bathroom areas-ideal for large families, multi-generational living, or investment potential. The main floor features 2 bedrooms, a convenient 3-piece bathroom, a separate shower room, and an additional powder room for added functionality. Upstairs, you'll find 5 more bedrooms along with another 3-piece bathroom, providing plenty of space for everyone. Set on a generous lot with ample parking, this property offers room to grow both inside and out. With its size and layout, there's excellent potential for rental income or conversion to suit your needs. Located in a central Cornwall neighbourhood close to amenities, schools, and transit.A unique opportunity to own a large, versatile home at an affordable price. (id:65958)

Subtype: Single Family
Structure: House
Community: 717 - Cornwall
Common interest: Freehold
Lot dimensions: 66 x 124 FT
Bedrooms: 7 above grade
Parking: 8 total
Stories: 1.5
On market: Apr 20, 2026
Status changed: Apr 24, 2026
Annual tax: $2,483 (2025)
Zoning: RES20
Photos: 6
MLS#: X13017806
Area: CORNWALL

Features and systems

Parking

No Garage

Basement

Full

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Stone

Positive cash flow ~$606/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

8.56%

Cap rate

6.58%

GRM

10.7

Break-even rent

$2,662

Financing

Down payment$85,000

Loan amount$340,000

Mortgage$1,723/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$195

Insurance$80

Maintenance$354

CapEx reserve$177

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 $1,723/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.