32 David ST new

Edwardsburgh/cardinal,ON K0E 1X0

$ 1499900

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision 807 - Edwardsburgh/Cardinal Twp

MLS Listing ID X12395253

Style Bungalow

Bedrooms 8

Building Age 0-5

Annual Tax Amount $10,588

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Attention investors!! Rarely offered purpose-built Fourplex in Spencerville featuring four individually titled 2-bed, 1.5-bath attached bungalows, each with private garage (inside entry), backyard patio, and full unfinished basements with legal egress windows ideal for adding a third bedroom. All units include stainless steel appliances, stackable in-unit laundry, efficient HVAC systems, and water treatment setups. Open-concept layouts with granite counters and quality finishes throughout. Fully tenanted with strong rental income of $107,952/year and a Net Operating Income of $90,240. Turnkey investment or ideal multi-generational living setup with future resale flexibility. Quiet residential setting just minutes to Highway 416.

Location

Province ON

County Leeds And Grenville

Community 807 - Edwardsburgh/Cardinal Twp

Area Leeds And Grenville

Rooms

Family Room No

Kitchen 4

Interior

Cooling Central Air

Exterior

Parking Features Inside Entry,Lane

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Concrete

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