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Royal LePage
Royal LePage
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$549,900

Edwardsburgh/Cardinal ON, K0E 1E0

MLS® # X12576108

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Architectural Style: Bungalow
  • Basement Type: None
  • Easement: Unknown
  • Exterior Finish: Vinyl siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Fence Type: Fenced yard
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 113.3 Feet
  • Lot Frontage: 99.8 Feet
  • Lot Size: 99.9 x 113.3 FT
  • Utility Type: Telephone - Connected
  • Zoning: CM
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: REAL BROKER ONTARIO LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 341 NEW STREET, Edwardsburgh/Cardinal, Ontario, K0E 1E0

Demographic Information of 341 NEW STREET, Edwardsburgh/Cardinal, Ontario, K0E 1E0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,851.78

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.89 %

High school certificate or equivalent

40.22 %

Apprenticeship trade certificate/diploma

6.92 %

College/non-university certificate

25.21 %

University certificate (below bachelor)

0.03 %

University Degree

2.73 %

Commuter

Travel To Work

By Car

93.13 %

By Public Transit

0.0 %

By Walking

0.5 %

By Bicycle

0.0 %

By Other Methods

6.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.33 %

Houses

80.67 %

Own Vs. Rent

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