307-309 Prince Arthure Street
Cornwall, ON
- 6 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
- 38 days on market
Investment Opportunity - 307-309 Prince Arthur Street, CornwallAttention investors! This side-by-side duplex at 307-309 Prince Arthur Street in Cornwall offers a strong opportunity to add a solid income-producing property to your portfolio.The property features two spacious 3-bedroom units, providing an attractive layout for families and long-term tenants. Combined rental income is currently $2,800 per month, representing a gross annual rental income of $33,600.A major advantage for investors is that each tenant pays their own utilities, helping to keep the owner's operating expenses predictable. Municipal property taxes are approximately $2,311 per year, while water costs are approximately $1,200 per year.With affordable annual operating costs and steady rental income, this duplex offers an appealing combination of cash-flow potential and long-term investment value. The side-by-side configuration also provides tenants with more privacy than a traditional upper/lower duplex, which can help make the property attractive to families looking for a comfortable 3-bedroom rental.Located in Cornwall, the property benefits from access to local shopping, schools, services, employment and everyday amenities.Whether you're looking to expand an existing real estate portfolio or purchase your first income property, 307-309 Prince Arthur Street offers an excellent opportunity to own a two-unit residential investment with tenants contributing toward their own operating costs.Gross Rental Income: $33,600/year | Two 3-Bedroom Units | Tenants Pay Their Own Utilities | Municipal Taxes: Approx. $2,311/year | Water: Approx. $1,200/yearA great opportunity for investors looking for an affordable duplex with established rental income in Cornwall.
Listing Details
- Taxes (2025)
- $2,311
- Listed
- August 10, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Vinyl Siding
- Roof
- Shingles
- Foundation
- Poured Concrete
- Interior
- Brick & Beam
- Lot Size
- 50 x 90 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- walton
- Zoning
- RES
- Parcel Number
- 601540179
- Possession
- Immediate
- Occupancy
- Tenant
Schools
Secondary
- École secondaire catholique La Citadelle0.4 km
French Catholic · CSDC de l'Est ontarien · 465 students
Grade 10 literacy: 92% met the provincial standard
- École secondaire publique L'Héritage0.8 km
French public · CÉP de l'Est de l'Ontario · 195 students
Grade 10 literacy: 95% met the provincial standard
- Cornwall Collegiate and Vocational School1.4 km
Public · Upper Canada DSB · 575 students
Grade 10 literacy: 72% met the provincial standard
Elementary
- École intermédiaire catholique La Citadelle0.6 km
French Catholic · CSDC de l'Est ontarien · 195 students
- École élémentaire publique L'Héritage0.9 km
French public · CÉP de l'Est de l'Ontario · 125 students
- Bishop Macdonell Separate School1.1 km
Catholic · CDSB of Eastern Ontario · 385 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 19% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K6H
- Population
- 30,440
- Private dwellings
- 14,112
- Median age
- 46
- Average household size
- 2.2
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cornwall · last 12 months
- Median sold price
- $405,000
- Homes sold
- 681
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 681 recorded sales of residential freehold properties in Cornwall over the last 12 months.
Listed by
ROYAL LEPAGE PERFORMANCE REALTY
Walk Score
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Location
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Mortgage Calculator
$67,000
Estimated Monthly Payment
$1,646
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,646/mo (20% down, 5.5%)
Taxes: $193/mo · Insurance: $84/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions This side-by-side duplex at 307-309 Prince Arthur Street in Cornwall offers a strong opportunity to add a solid income-producing property to your portfolio.The property features two spacious 3-bedroom units, providing an attractive layout for families and long-term tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?