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

Listed for:
$599,900
6 beds
4 baths
Listed 21 days ago
Fourplex for rent: 341 New Street E, Edwardsburgh/Cardinal, Ontario K0E 1E0

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About

Cross Streets: Bridge St and Dundas. ** 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. 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. (id:27476)

Property Highlights

MLS® Number
X13770134
Type
Multi-family
Community Name
806 - Town of Cardinal
Land Size
105 x 113 FT
Parking Space Total
6

Building

Building Type
Fourplex
Storeys
1.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Separate Electricity Meters
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
REMAX BOARDWALK REALTY
MLS® number:
X13770134
Agent:
Tyler Thompson
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