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$ 549,900
Est. payment /mo
New
341 New ST Edwardsburgh/cardinal, ON K0E 1E0
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 806 - Town Of Cardinal
MLS Listing ID X12576108
Style Bungalow
Bedrooms 6
Annual Tax Amount $3,184
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County Leeds And Grenville
Community 806 - Town Of Cardinal
Area Leeds And Grenville
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Metal
Lot Frontage 99.88
Lot Depth 113.27
Total Parking Spaces 6
Building
Unit Features Fenced Yard
Foundation Slab
Others
ParcelsYN No
Listed by REAL BROKER ONTARIO LTD.
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