32 David Street Edwardsburgh/cardinal, Ontario K0E 1X0
$1,499,900
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. (id:53899)
Property Details
| MLS® Number | X12395253 |
| Property Type | Multi-family |
| Community Name | 807 - Edwardsburgh/Cardinal Twp |
| Features | Lane |
| Parking Space Total | 8 |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Age | 0 To 5 Years |
| Appliances | Water Heater, Water Treatment, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Half Bath Total | 4 |
| Heating Fuel | Propane |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 0 - 699 Ft2 |
| Type | Fourplex |
| Utility Water | Drilled Well |
Parking
| Attached Garage | |
| Garage | |
| Inside Entry |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | . |
| Size Total Text | . |
| Zoning Description | R3-6 |
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September 10 2025 10:26:27
Ottawa Real Estate Board
Exp Realty