341 New Street

Cardinal

341 New Street
341 New Street
341 New Street
+25
6
 bed
4
 bath
6
 parking
700 - 1100
 sqft
Fourplex
$600,000
For Sale
44 days
 on site
$600,000
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Size
-
Lot size
3624 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$545 - $857
Taxes
$3,184.2 (2025)
Parking Type
-
Style
Bungalow
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Description
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.
Broker: REAL BROKER ONTARIO LTD.
MLS®#: X12819832
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Baseboard
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
32 Ft
Lot depth:
113 Ft
Listed on:
Feb 25, 2026
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Instant estimate:
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$14,254
lower than listed price
i
High
$623,377
Mid
$585,746
Low
$569,811
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About 341 New Street

Located at 341 New Street, this Cardinal fourplex is available for sale. 341 New Street has an asking price of $600000, and has been on the market since February 2026. This fourplex has 6 beds, 4 bathrooms and is 700-1100 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.