191 Shanly Road
Edwardsburgh/Cardinal, ON
- 4 bed
- 2 bath
- approx. < 700 sqft
- Detached
- 79 days on market
Welcome to a rare real estate opportunity in Cardinal, Ontario. This single lot features two completely separate, detached homes (approximately 700 sq. ft. each), being sold together for one incredible price. Both properties have been recently renovated from top to bottom, offering modern comfort, low maintenance, and immediate cash-flow potential. Whether you are a seasoned investor looking for a high-yield turnkey rental addition, or a first-time homebuyer looking to live for free by renting out the second unit, this property delivers unmatched value. Key Features (Per Home):Layout: 2 functional bedrooms, 1 modern bathroom. Living Space: Bright, open-concept combined living and dining room optimized for space. Foundation: Built on a solid, worry-free concrete slab (no wet basements to handle!).Parking & Storage: Each house includes its own single garage. Outdoor Space: Each home features a private, small deck perfect for morning coffee. Condition: Recently renovated with updated finishes, modern flooring, and contemporary paint choices. The Small-Home Advantage: Why pay to heat, cool, and clean space you don't use? These approx 700 sq. ft. homes offer high efficiency, minimalist appeal, lower utility bills, and practically zero exterior maintenance. Investment Strategy: an ideal portfolio builder, this setup is perfect for multi-generational families or savvy buyers. Live in one and let the other pay your mortgage-or rent both out and reap the rewards of two reliable income streams on a single property tax bill. Don't miss out on this unique dual-dwelling asset. Book your private viewing today! Both homes are vacant so you can pick your own tenant and rent (approx $1200 + utilities for each, buyers to d their own due diligence). Approx monthly costs: Perry: insurance $135, w/s $110, gas $90, electric $100, HWT rental $25. Shanly: insurance $75, w/s $90, gas $90, electric $100, HWT rental $49. Allow 24 hr irrevocable time.
Listing Details
- Taxes (2025)
- $1,996
- Listed
- June 19, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Age
- 51-99
- Construction
- Stone, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Not Applicable, Slab
- Interior
- Auto Garage Door Remote
- Lot Size
- 75.15 x 100 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 4
Utilities
- Water
- Unknown
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Corner of Shanly Road and Perry Street
- Parcel Number
- 681510108
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Perry St: refrigerator, stove, dishwasher, washer & dryer, HWT is rented. Shanly Rd: refrigerator (new), stove, washer (new), dryer (new), HWT is rented. In both: any window coverings, attached light fixtures and ceiling fans & remotes.
- Rental Items
- 2 HWT's through Reliance
Community
Postal area K0E
- Population
- 39,649
- Private dwellings
- 18,426
- Median age
- 49.6
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Edwardsburgh/Cardinal · last 12 months
- Median sold price
- $489,500
- Homes sold
- 99
- Median days on market
- 41
- Sale-to-list price
- 95.9%
Based on 99 recorded sales of residential freehold properties in Edwardsburgh/Cardinal over the last 12 months.
Rooms
4-piece on Main, 4-piece on Main
Main
- Bathroom10'9" x 5'1"
- Bedroom10'10" x 9'4"
- Bedroom10'11" x 7'9"
- Dining Room10'5" x 6'9"
- Kitchen12'7" x 10'7"
- Laundry6'8" x 6'1"
- Living Room12'9" x 11'2"
- Mud Room5'11" x 5'7"
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
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Mortgage Calculator
$69,980
Estimated Monthly Payment
$1,719
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,719/mo (20% down, 5.5%)
Taxes: $166/mo · Insurance: $87/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Both homes are vacant so you can pick your own tenant and rent (approx $1200 + utilities for each, buyers to d their own due diligence).. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?