191 Shanly Road, Edwardsburgh/Cardinal, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 806 - Town of Cardinal. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning < 700 sqft on a premium 75.15 x 100 ft lot
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- Efficient forced air heating via gas
Description
Welcome to a rare real estate opportunity in Cardinal, Ontario. This single lot features two completely separate, detached homes (approximately 700 sq. ft. each), being sold together for one incredible price. Both properties have been recently renovated from top to bottom, offering modern comfort, low maintenance, and immediate cash-flow potential. Whether you are a seasoned investor looking for a high-yield turnkey rental addition, or a first-time homebuyer looking to live for free by renting out the second unit, this property delivers unmatched value. Key Features (Per Home):Layout: 2 functional bedrooms, 1 modern bathroom. Living Space: Bright, open-concept combined living and dining room optimized for space. Foundation: Built on a solid, worry-free concrete slab (no wet basements to handle!).Parking & Storage: Each house includes its own single garage. Outdoor Space: Each home features a private, small deck perfect for morning coffee. Condition: Recently renovated with updated finishes, modern flooring, and contemporary paint choices. The Small-Home Advantage: Why pay to heat, cool, and clean space you don't use? These approx 700 sq. ft. homes offer high efficiency, minimalist appeal, lower utility bills, and practically zero exterior maintenance. Investment Strategy: an ideal portfolio builder, this setup is perfect for multi-generational families or savvy buyers. Live in one and let the other pay your mortgage-or rent both out and reap the rewards of two reliable income streams on a single property tax bill. Don't miss out on this unique dual-dwelling asset. Book your private viewing today! Both homes are vacant so you can pick your own tenant and rent (approx $1200 + utilities for each, buyers to d their own due diligence). Approx monthly costs: Perry: insurance $135, w/s $110, gas $90, electric $100, HWT rental $25. Shanly: insurance $75, w/s $90, gas $90, electric $100, HWT rental $49. Allow 24 hr irrevocable time.
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Pricing & Value Insights
Data-driven valuation for 191 Shanly Road, Edwardsburgh/Cardinal, ON K0E 1E0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Edwardsburgh/Cardinal, ON
For a property listed at $349,900 in Edwardsburgh/Cardinal, the legal minimum down payment is $17,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,724 for this transaction. As this listing is in Edwardsburgh/Cardinal (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.