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:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Architectural Style: Bungalow
- Easement: Unknown
- Parking Spaces: 6
- Transaction: For sale
- Zoning Description: CM
Building
- Appliances: Water Heater
- Architectural Style: Bungalow
- BasementType: None
- Bedrooms Main Level: 6
- Cooling: None
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Slab
- Bathrooms (Total): 4
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 700 - 1100 sqft
- Stories Total: 1
- Type: Fourplex
- Utility Water: Municipal water
Land
- Fence: Fenced yard
- Sewer: Sanitary sewer
- Size Frontage: 99 ft ,10 in
- Size Irregular: 99.9 x 113.3 FT
Listing provided by REAL BROKER ONTARIO LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 341 NEW STREET in Edwardsburgh/Cardinal Ontario. It was last modified on February 25th, 2026. Contact Biju George to schedule a viewing or to discover other Edwardsburgh/Cardinal real estate for sale.