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.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $223 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 307-309 Prince Arthure St
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
307-309 Prince Arthure St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13676002$335,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 307-309 Prince Arthure St Compares to the Cornwall Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,646
/mo
based on the purchase price of $335,000
$67,000 cash
$268,000 financed
$225,726 total interest
Principal54%$268,000
Interest46%$225,726
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cornwall
Other 3–6 bed homes for sale in Cornwall around $335K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings226Homes for sale here right now.
Median vs prior 90 days+4.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 281 sales from Jul 24 – Oct 22, 2026 (182 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 307-309 Prince Arthure St
How much is 307-309 Prince Arthure St listed for?
307-309 Prince Arthure St is listed at $335,000 (MLS® X13676002). Summitly updates the price as soon as the MLS® record changes.
Is $335,000 a good price for 307-309 Prince Arthure St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Cornwall. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 307-309 Prince Arthure St changed?
No — 307-309 Prince Arthure St is still listed at its original asking price of $335,000.
How many bedrooms and bathrooms does 307-309 Prince Arthure St have?
307-309 Prince Arthure St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Cornwall.
How much would the monthly mortgage be on 307-309 Prince Arthure St?
About $1,646 a month — principal and interest on $335,000 with 20% down ($67,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 307-309 Prince Arthure St compare with other homes in Cornwall?
Its asking price of $335,000 is about 19% below the median sold price in Cornwall over the last 90 days, $416,000, across 281 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 307-309 Prince Arthure St been sold before?
Summitly has no earlier MLS® sale or lease of 307-309 Prince Arthure St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 307-309 Prince Arthure St?
307-309 Prince Arthure St is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 307-309 Prince Arthure St been on the market?
73 days — 307-309 Prince Arthure St was listed on August 10, 2026.
What is the price per square foot of 307-309 Prince Arthure St?
About $168 to $223 per square foot: the asking price of $335,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 307-309 Prince Arthure St have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 307-309 Prince Arthure St have a basement, and is it finished?
The listing describes the basement as: Unfinished.