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$1,499,900
Est. payment /mo
8 Beds
8 Baths
UPDATED:
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
Basement Full, Unfinished
Kitchen 4
Interior
Interior Features Water Heater Owned, Water Treatment
Cooling Central Air
Fireplace No
Heat Source Propane
Exterior
Parking Features Inside Entry, Lane
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Concrete
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Listed by EXP REALTY
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