822 Marlborough Street, Cornwall, ON K6H 4B4, Cornwall, ON
Bed 23
Bath 17
Exceptional Investment Opportunity in the Heart of Cornwall! This brand-new, purpose-built 12-unit apartments offers an exceptional chance to secure a modern, fully stabilized income property in a high-demand area. Designed for Long-term durability and investor peace of mind, the building features 11 spacious 2-bedroom units and 1 well-appointed 1-bedroom unit, all professionally finished with great layouts, quality materials, and efficient mechanical systems.The property is fully rented, providing immediate and reliable cash flow with strong tenant appeal thanks to its well thought construction, bright interiors, and functional floor plans.Investors will appreciate the low operating costs associated with new construction, minimal maintenance requirements, and the strong rental upside in a rapidly growing market.Ideally located in central Cornwall, the building is just moments away from major amenities including grocery stores, schools, the hospital, parks, shopping, and transit, ensuring long-term rental stability and consistent demand. The area continues to see growth and revitalization, making this an excellent long-term hold. A turnkey, fully Leased asset like this-combining modern construction, strong income, prime location, and future development options-is incredibly hard to find. A perfect choice for both seasoned and now investors seeking stability, growth, and long-term returns.The rear portion of the land is subject to severance and not included in the primary offering, but can be negotiated separately for buyers seeking future development potential. With R40 zoning, the site allows for the possibility of constructing an additional building (buyer to verify with the City of Cornwall), providing a rare opportunity to expand and maximize the value of the property.
Property Highlights
For Sale
MLS NO.
X12579648
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
23
Bathrooms
17
Parking
20.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X12579648
Living Area Range
5000 +
Total Bedrooms
23
Bedrooms Above Grade
23
Total Bathrooms
17
Total Kitchens
12
Kitchens Above Grade
12
Rooms Above Grade
64
Interior Features
Separate Hydro Meter
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Other
Lot Width
143.0
Parking Features
Available
Parking Total
20.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
None
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
822 Marlborough Street, Cornwall, ON K6H 4B4
City
Cornwall
Neighbourhood
717 - Cornwall
County / Region
Stormont, Dundas and Glengarry
Province / State
ON
Postal Code
K6H 4B4
Cross Street
Ninth St E & Marlborough St
Country
CA
List Price
$3,700,000
Annual Taxes
$24,200
Tax Year
2025
Legal Description
PT LT 1 & 2 S/S NINTH ST & PT LT 1 & 2 N/S EIGHTH ST PL CORNWALL BEING PT 1ON 52R7131; CORNWALL
Possession Type
Flexible
Listing Office
SUTTON GROUP-ADMIRAL REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-26T19:43:00Z
Media Updated
2026-03-09T15:21:58Z
Photos Updated
2026-03-09T15:21:58Z
Last Modified
2026-04-16T14:13:48Z
System Modified
2026-04-16T14:13:48.067737Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
None
Ddfyn
Yes
Expiration Date
2026-05-31
Foundation Details
Other
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
20
Public Remarks
Exceptional Investment Opportunity in the Heart of Cornwall! This brand-new, purpose-built 12-unit apartments offers an exceptional chance to secure a modern, fully stabilized income property in a high-demand area. Designed for Long-term durability and investor peace of mind, the building features 11 spacious 2-bedroom units and 1 well-appointed 1-bedroom unit, all professionally finished with great layouts, quality materials, and efficient mechanical systems.The property is fully rented, providing immediate and reliable cash flow with strong tenant appeal thanks to its well thought construction, bright interiors, and functional floor plans.Investors will appreciate the low operating costs associated with new construction, minimal maintenance requirements, and the strong rental upside in a rapidly growing market.Ideally located in central Cornwall, the building is just moments away from major amenities including grocery stores, schools, the hospital, parks, shopping, and transit, ensuring long-term rental stability and consistent demand. The area continues to see growth and revitalization, making this an excellent long-term hold. A turnkey, fully Leased asset like this-combining modern construction, strong income, prime location, and future development options-is incredibly hard to find. A perfect choice for both seasoned and now investors seeking stability, growth, and long-term returns.The rear portion of the land is subject to severance and not included in the primary offering, but can be negotiated separately for buyers seeking future development potential. With R40 zoning, the site allows for the possibility of constructing an additional building (buyer to verify with the City of Cornwall), providing a rare opportunity to expand and maximize the value of the property.
