Excellent Investment & Owner-Occupier Opportunity in Cornwall! Discover this fantastic, well-maintained duplex presenting a great opportunity for investors and homeowners alike. The property features two distinct 2-bedroom, 1-bathroom units, each offering a spacious living space and a functional kitchen. Situated on a large lot, this property boasts ample parking for multiple vehicles and significant outdoor space perfect for gardens and a play area. With a low-maintenance exterior, you can spend more time enjoying the benefits of ownership. Its location offers convenient access to local amenities, schools, transit routes, and major highways, making it highly desirable for tenants.
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $200 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 331 7th St E
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
331 7th St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
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 4–6 bed homes for sale in Cornwall around $300K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings239Homes for sale here right now.
Median vs prior 90 days+4.3%Compared with May 4 – Aug 2, 2026: prices up.
Based on 272 sales from Aug 2 – Oct 31, 2026 (181 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 331 7th St E
How much is 331 7th St E listed for?
331 7th St E is listed at $299,900 (MLS® X13240360). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 331 7th St E?
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 331 7th St E changed?
Yes — it was first listed at $349,900 and is now $299,900, a drop of $50,000 (14.3%).
How many bedrooms and bathrooms does 331 7th St E have?
331 7th St E has 5 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 331 7th St E?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 331 7th St E compare with other homes in Cornwall?
Its asking price of $299,900 is about 28% below the median sold price in Cornwall over the last 90 days, $417,000, across 272 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 331 7th St E been sold before?
Summitly has no earlier MLS® sale or lease of 331 7th St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 331 7th St E?
331 7th St E is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 331 7th St E been on the market?
149 days — 331 7th St E was listed on June 4, 2026.
What is the price per square foot of 331 7th St E?
About $150 to $200 per square foot: the asking price of $299,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 331 7th St E have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 331 7th St E have a basement, and is it finished?
The listing describes the basement as: Unfinished.
