ACTIVE

341 New Street Edwardsburgh/cardinal, Ontario K0E 1E0

$549,900
6 Beds 4 Bath 700 - 1,100 ft<sup>2</sup> BungalowNoneBaseboard Heaters
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:28469)
Property Details
MLS® Number
X12576108
Property Type
Multi-family
Community Name
806 - Town of Cardinal
Easement
Unknown
Parking Space Total
6
Building
Bathroom Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Water Heater
Architectural Style
Bungalow
Basement Type
None
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Slab
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
1
Size Interior
700 - 1,100 Ft<sup>2</sup>
Type
Fourplex
Utility Water
Municipal Water
Parking
Land
Acreage
No
Fence Type
Fenced Yard
Sewer
Sanitary Sewer
Size Depth
113 Ft ,3 In
Size Frontage
99 Ft ,10 In
Size Irregular
99.9 X 113.3 Ft
Size Total Text
99.9 X 113.3 Ft|under 1/2 Acre
Zoning Description
Cm
Utilities
Telephone
Connected
Neighbourhood
Private Viewing & Info

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Trevor Beaudry
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Real Broker Ontario Ltd.
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Ottawa, Ontario K1N 8S7

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Deb Driscoll
Salesperson

(613) 706-1616
www.driscollpeca.com/

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
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/