341 New Street
806 - Town of Cardinal, Edwardsburgh/Cardinal, K0E 1E0
FOR SALE
$599,900
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6
BEDROOMS 4
BATHROOMS 4
KITCHENS 15
ROOMS X13770134
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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.
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Property Features
Primary Bedroom - Main Floor, Separate Hydro Meter
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Property Details
Address
341 New Street
Community
Postal Code
K0E 1E0
Property Type
Fourplex, Fourplex
Lot Size
105' x 113'
Taxes
$3,000 (2025
Basement
None
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Remax Boardwalk Realty
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