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341 New Street Edwardsburgh/cardinal, Ontario K0E 1E0

6 Bedroom 4 Bathroom 700 - 1,100 ft2
Bungalow None Baseboard Heaters

$549,900

Discover a rare and remarkable investment opportunity with this fully tenanted, well-maintained solid 4-plex, ideally located just two blocks from the scenic St. Lawrence River in the charming community of Cardinal.This property delivers impressive cash flow and features four well-appointed units-two generous 2-bedroom suites and two inviting 1-bedroom units. Each tenant enjoys the convenience of separately metered hydro, in-unit laundry, and their own fenced backyard, offering a blend of comfort and privacy rarely found in multi-unit buildings.Adding even more value, the property includes four individual storage units, perfect for seasonal items or additional tenant needs. There's also ample parking for all residents.With its strong rental demand, thoughtful layout, and prime location, this 4-plex stands out as an investment with long-term upside. Whether you're expanding your portfolio or stepping into multifamily ownership, this property checks all the boxes for a smart, reliable, and high-yield asset with over 9% cap rate. (id:37351)

Property Details

MLS® Number X12576108
Property Type Multi-family
Community Name 806 - Town of Cardinal
Easement Unknown
ParkingSpaceTotal 6

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Water Heater
ArchitecturalStyle Bungalow
BasementType None
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Slab
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 700 - 1,100 Ft2
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
FenceType Fenced Yard
Sewer Sanitary Sewer
SizeDepth 113 Ft ,3 In
SizeFrontage 99 Ft ,10 In
SizeIrregular 99.9 X 113.3 Ft
SizeTotalText 99.9 X 113.3 Ft|under 1/2 Acre
ZoningDescription Cm

Utilities

Telephone Connected

https://www.realtor.ca/real-estate/29136231/341-new-street-edwardsburghcardinal-806-town-of-cardinal

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Trevor Beaudry
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(888) 311-1172

Real Broker Ontario Ltd.
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Ottawa, Ontario K1N 8S7

(888) 311-1172
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Deb Driscoll
Salesperson

(613) 706-1616
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Real Broker Ontario Ltd.
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Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

Jaime Peca
Salesperson

(613) 706-4606
driscollpeca.com/

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

Luke Geleynse
Salesperson

(613) 227-3727

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

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