Listed for:Listed Sep 10, 2026
$599,900

341 New Street E

Edwardsburgh/Cardinal (Town of Cardinal), ON K0E 1E0

Multiplex For Sale
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Sale & Price History for 341 New Street E, Edwardsburgh/Cardinal, Town of Cardinal

No listing history available

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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 341 New Street E, Edwardsburgh/Cardinal, Town of Cardinal

Summarized Description

  • Fully tenanted four-unit property for investors
  • Strong income potential with cap rate over 9%
  • Each unit features in-unit laundry and fenced backyard
  • Located near local shops and waterfront
  • Ample parking available for residents
  • Strong rental demand in the area
  • 24-hour notice required for showings

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 and strong rental demand, 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,000
Land Transfer Tax Fee
$8,473

Basement Type
None

Interior Features

Interior Extras
Primary Bedroom - Main Floor, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Slab
Special Designation
Unknown

Lot

Lot Front
105.00 ft
Lot Depth
113.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
4 Fridges, 4 stoves

Exclusions

Exclusions
Tenant's belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
None

Bedrooms
6
Washrooms
4
Kitchens
4

Washrooms

  • 4-piece

Municipality
Edwardsburgh/Cardinal
Neighbourhood
Town of Cardinal
Main cross streets
Bridge St and Dundas
Directions
Head south on Bridge St in Cardinal. Follow Lewis St and continue onto John St (left). Turn right onto New St. Property will be on the right.

MLS® number
X13770134
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-10
Updated on
2026-10-06
Days on market
35 days
Possession type
Immediate
Co-op commission
2.0% + HST
Seller
Listed by
REMAX BOARDWALK REALTY

Home Market Value

Current home valuation for 341 New Street E, Edwardsburgh/Cardinal, Town of Cardinal, Edwardsburgh/Cardinal, ON. Listed for $599,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 341 New Street E, Edwardsburgh/Cardinal, Town of Cardinal

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:5.8%

5% on first $500K + 10% on $99,900 over $500K

Minimum down payment

$34,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,580$16,737$14,278$0
=Total mortgage
$587,086$556,647$524,193$479,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,866monthly$2,718monthly$2,559monthly$2,343monthly
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Land Transfer Tax

Provincial

$8,473

Total Land Transfer Tax

$8,473

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