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Home ON United Counties of Leeds and Grenville Edwardsburgh-Cardinal
341 NEW STREET
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341 NEW STREET $549,900
$549,900
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341 NEW STREET
Edwardsburgh/Cardinal, Ontario K0E1E0

MLS® Number: X12576108
6
Bedrooms
4
Bathrooms
700 - 1100
Square Feet

Listing 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. (41712339)

Location Description

Cross Streets: New St & John St. ** Directions: RIDGE STREET TO JOHN STREET, TURN LEFT ON NEW STREET.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
806 - Town of Cardinal
Land Size
99.9 x 113.3 FT|under 1/2 acre
Annual Property Taxes
$3,184.20
Parking Type
No Garage
Time on REALTOR.ca
20 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater
Basement Type
None
Building Features
Foundation Type
Slab
Architecture Style
Bungalow
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Telephone (Connected)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
700 - 1100 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
99 ft ,10 in
Land Depth
113 ft ,3 in
Other Property Information
Easements
Unknown
Zoning Description
CM
Data provided by: Ottawa Real Estate Board
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