341 New Street Edwardsburgh/cardinal, Ontario K0E 1E0
$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:29090)
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 - 1100 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
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 |
https://www.realtor.ca/real-estate/29136231/341-new-street-edwardsburghcardinal-806-town-of-cardinal
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November 25 2025 08:26:18
Ottawa Real Estate Board
Real Broker Ontario Ltd.