$334,900
↓ $15,000 from $349,900
Est. payment $1,483/moCalculate yours
191 Shanly Road, Edwardsburgh/Cardinal, ON K0E 1E0
806 - Town of Cardinal, Edwardsburgh/Cardinal, ON K0E 1E0
- 4 Beds
- 2 Baths
- 2 Garage
Listing courtesy of ROYAL LEPAGE TEAM REALTY MLS® X13469072
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Sold Conditional
- Approximate Age
- 51-99
- Size
- < 700 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Stone, Vinyl Siding
- Foundation
- Not Applicable, Slab
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 75.15 x 100 Feet
- Parking
- Attached garage · 4 total
Financial
- Property Taxes
- $1,996 (2025)
Location
- Neighbourhood
- 806 - Town of Cardinal
- Cross Street
- Corner of Shanly Road and Perry Street
- Direction Faces
- East
Listing
- MLS® Number
- X13469072
- Days on Market
- 121
- Listed On
- 2026-06-19
- Possession
- Vacant, quick possession
- Listed By
- ROYAL LEPAGE TEAM REALTY
Rooms
Features
Interior
- Auto Garage Door Remote
Pool
- None
- Included
- Perry St: refrigerator, stove, dishwasher, washer & dryer, HWT is rented. Shanly Rd: refrigerator (new), stove, washer (new), dryer (new), HWT is rented. In both: any window coverings, attached light fixtures and ceiling fans & remotes.
- Rental items
- 2 HWT's through Reliance
Mortgage calculator
Estimated mortgage payment
$1,483 per month
- Principal and interest
- $1,483
- Property tax
- $166
- Condo fees
- $0
- Estimated monthly cost
- $1,649
Your mortgage
- Mortgage amount
- $267,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $176,939
Cash to close
- Down payment
- $66,980
- Land transfer tax
- $3,499
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $70,479
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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