Sold for:Sold Mar 31, 2025
$1,149,000

2039 County Road 44

Edwardsburgh/Cardinal (Edwardsburgh/Cardinal Twp), ON K0E 1X0

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 2039 County Road 44, Edwardsburgh/Cardinal, Edwardsburgh/Cardinal Twp

2024-11-20
2026-05-13
Expired
Price
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2025-03-05
2025-03-31
Sold
Price
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MLS#
x12008057
2024-09-09
2024-11-20
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2039 County Road 44, Edwardsburgh/Cardinal, Edwardsburgh/Cardinal Twp

Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted to a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Units 3, 4 and 5 are 3pce., Units 1, 2, 6 and 7 are 4pce. Plenty of parking and outdoor space for each tenant.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,100
Land Transfer Tax Fee
$19,455

Basement Type
None

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Hydro Meter, Separate Heating Controls, Storage
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Wooded/Treed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Metal
Foundation Details
Slab
Special Designation
Unknown

Lot

Lot Front
274.25 ft
Lot Depth
322.89 ft

Inclusions

Inclusions
7 Fridges, 7 Stoves

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
15
Total Garage And Parking Spaces
16

Heating & Cooling

Heat Source
Other
Heat Type
Other
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
9 + 4
Washrooms
10
Kitchens
7

Room sizes

  • Room—

Washrooms

  • 4-piece, Main
  • 3-piece, Main

Municipality
Edwardsburgh/Cardinal
Neighbourhood
Edwardsburgh/Cardinal Twp
Main cross streets
Hwy. 401 to Hwy 16 to County Rd. 44
Zoning
RU-3
Directions
401 to County Rd 16 to County Rd 44

MLS® number
X12008057
Data source
Toronto Regional Real Estate Board
Status change
2025-03-31
Listed on
2025-03-05
Days on market
26 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

Home Market Value

Current home valuation for 2039 County Road 44, Edwardsburgh/Cardinal, Edwardsburgh/Cardinal Twp, Edwardsburgh/Cardinal, ON. Listed for $1,149,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 2039 County Road 44, Edwardsburgh/Cardinal, Edwardsburgh/Cardinal Twp

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Edwardsburgh/Cardinal, ON
Minimum Down Payment Required:7.8%

5% on first $500K + 10% on $649,000 over $500K

Minimum down payment

$89,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$42,329$32,057$27,346$0
=Total mortgage
$1,100,558$1,066,157$1,003,996$919,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,373monthly$5,206monthly$4,902monthly$4,488monthly
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Land Transfer Tax

Provincial

$19,455

Total Land Transfer Tax

$19,455

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