341 NEW STREET E, Edwardsburgh/Cardinal
$599,900
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 6 bedrooms, 4 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13770134
- Neighbourhood
- 806 - Town of Cardinal
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.
Sold data
Homes in Edwardsburgh/Cardinal — recent sold market
Homes in Edwardsburgh/Cardinal took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 92, across 35 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $489,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 38
- Median sale price
- $489,900
- Sale-to-list ratio
- 96.9%
- Sold above asking
- 17%
Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 341 NEW STREET E
$499,900
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$699,900
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$1,095,000
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$764,900
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$749,900
Multiplex1163,500–5,000 sqft31 CHURCH STREET, 705 - Chesterville, North Dundas
$899,000
Multiplex631,500–2,000 sqft134 JOLLIET AVENUE, 3402 - Vanier, Ottawa
$749,900
Multiplex953,000–3,500 sqft231 LOUISA STREET, 717 - Cornwall, Cornwall
$799,900
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