191 Shanly Rd, Cardinal, ON K0E 1E0

A unique opportunity for the savvy investor or shrewd home buyer. Two bungalow (2 bedroom, 1 bath each, ) rental units on the same lot, each with a single car garage, so two investment incomes or live in one and have the other pay your expenses. 304 Perry St has had extensive (2016 to 2024) renovations: paint, flooring, shingles, garage door, 191 Shanly Rd has had some renovations: shingles, garage door, some paint. Shanly Rd is currently rented at $850/mos (includes water/sewer, tenant pays gas & electric) and Perry St is vacant. Typical rents for this type of home should be about $1200/mos, no utilities included (buyer to do their own due diligence on rents). The seller does not know if this property can be severed, buyer to do own inquiries. Costs: (A) insurance - Perry $134.98/mos + Shanly $74.98/mos = $2520/yr; (B) water/sewer - Perry $110/mos (vacant) $1320/yr + Shanly Rd $1080/yr; (C) gas - Perry St $70 - $110/mos; (D) 2 HWT rentals - $67/mos.

Two detached homes, one lot. This is a first time home owners perfect scenario, rent one out to cover some expenses and live in the other. Then once you build your bank account you can buy your forever home, rent the second home out for 2 sources of income and you are set for life. Or for the investors you can have 2 rental units. Or maybe you want to keep a family member close but independent. 304 Perry St has been renovated with paint and flooring, and both homes have had shingles replaced in 2016 and garage doors in 2024. Both homes have a single garage, 2 BR's, 1 Bath and a deck. HWT rental: Shanly @ $48.08/month, Perry @ $22.48/month. Pictures of 191 Shanly interior were taken before tenant moved in. Walk to the St. Lawrence River or the indoor walking track at the new arena. This property is minutes from Hwy 401, Hwy 416 and the bridge to USA. Minimum 24 hour irrevocable on offers. , Flooring: Laminate