
341 New Street
Edwardsburgh/Cardinal, ON
- 6 bed
- 4 bath
- approx. 3000-3500 sqft
- Fourplex
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
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Location
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Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
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: $2,947/mo (20% down, 5.5%)
Taxes: $250/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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