341 E New Street, Edwardsburgh/Cardinal, ON K0E 1E0

About this residence

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.

Property details

Property type

Fourplex

Total rooms

15

Garage

None

Parking spaces

6

Annual taxes

$3,000 (2025)

Possession

Immediate

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.

Location