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341 New Street

341 New Street

Edwardsburgh/Cardinal, ON

  • 6 bed
  • 4 bath
  • approx. 3000-3500 sqft
  • Fourplex
$599,900

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.

Listing Details

Taxes (2025)
$3,000
Listed
September 10, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Slab
Interior
Primary Bedroom - Main Floor, Separate Hydro Meter
Lot Size
105 x 113 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
None
Heat Source
Electric

Location & Legal

Cross Street
Bridge St and Dundas
Parcel Number
681520540
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
4 Fridges, 4 stoves
Exclusions
Tenant's belongings

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
$477,450
Homes sold
100
Median days on market
40
Sale-to-list price
95.9%

Based on 100 recorded sales of residential freehold properties in Edwardsburgh/Cardinal over the last 12 months.

Listed by

REMAX BOARDWALK REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$119,980

Estimated Monthly Payment

$2,947

Land transfer tax

Estimated land transfer tax$8,473

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: $2,947/mo (20% down, 5.5%)

Taxes: $250/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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