Just Listed
Address
341 New Street E, Edwardsburgh/Cardinal, ON
Price
$ 599,900

Your Agent

Laurie Gagnier

Broker

613-837-0000


Listing provided by Laurie Gagnier, Broker, REMAX Boardwalk

Property Attributes
  • ID#X13770134
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityEdwardsburgh/Cardinal
  • CityEdwardsburgh/Cardinal
  • Area806 - Town of Cardinal
  • Neighbourhood806 - Town of Cardinal
  • Postal CodeK0E 1E0
  • StyleBungalow
  • Price$ 599,900
  • Bedrooms6
  • Bathrooms4
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings. (id:7434)

General Features

Features Irregular lot size
Property Type Multi-family
CommunityName 806 - Town of Cardinal
Building Amenities Separate Electricity Meters
Building Appliances Stove, Refrigerator
Building Architectural Style Bungalow
Building Cooling Type None
Location Description Cross Streets: Bridge St and Dundas. ** Directions: Head south on Bridge St in Cardinal. Follow Lewis St and continue onto John St (left). Turn right onto New St. Property will be on the right.
Parking Space Total 6
Foundation Type Slab
Building Type Fourplex
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Basement Type None
Living Area Range 3000
Bedrooms 6

Exterior Features

Exterior Finish Vinyl siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0E 1E0

Price
AVG $600K
$600K