$600,000
FOR SALE

Fourplex Bungalow

Bedrooms: 6Bathrooms: 4Lot: 99.88 x 113.27 ft
2025 Taxes: $3,184.2

341 New St
Edwardsburgh/Cardinal, ON K0E 1E0 | 806 - Town of Cardinal | Leeds and Grenville

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.
Extras
Water Heater Owned
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12819832
Last Updated Feb 25, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 681520540
Legal Description LT 205 - 206 PL 25, CARDINAL; EDWARDSBURGH/CARDINAL
Possession Date TBD
Taxes (2025) $3,184.2
Directions/Cross Streets New St & John St
Neighbourhood 806 - Town of Cardinal
Area Leeds and Grenville
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Lot 99.88 x 113.27 ft
Exterior Vinyl Siding
Air Conditioning None
Garage Type None
Parking Spaces 6
Heat Source Electric
Heat Type Baseboard
Sewers Sewer

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