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:37072)
Property Details
| MLS® Number | X12576108 |
| Property Type | Multi-family |
| Community Name | 806 - Town of Cardinal |
| Easement | Unknown |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Appliances | Water Heater |
| ArchitecturalStyle | Bungalow |
| BasementType | None |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Slab |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| Sewer | Sanitary Sewer |
| SizeDepth | 113 Ft ,3 In |
| SizeFrontage | 99 Ft ,10 In |
| SizeIrregular | 99.9 X 113.3 Ft |
| SizeTotalText | 99.9 X 113.3 Ft|under 1/2 Acre |
| ZoningDescription | Cm |
Utilities
| Telephone | Connected |
https://www.realtor.ca/real-estate/29136231/341-new-street-edwardsburghcardinal-806-town-of-cardinal
Interested?
Contact us for more information
Trevor Beaudry
Salesperson
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7
Deb Driscoll
Salesperson
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7
Jaime Peca
Salesperson
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7
Luke Geleynse
Salesperson
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7
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December 16 2025 04:53:53
Ottawa Real Estate Board
Real Broker Ontario Ltd.