24 Centre Street N, Edwardsburgh/Cardinal

$244,900
24 Centre Street N

$244,900

New
23d
Detached2-Storey

24 Centre Street N, Edwardsburgh/Cardinal

Total Monthly Obligation $1,503

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
23d
Yield
14.7%
Cash on Cash
39.0%
Cap Rate
13.0%
5Y IRR
48.4%
10Y IRR
44.4%
Property Type-Detached
MLS® Number-X13848094
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 231.15 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1,684 (2026)
Parking-5 - Detached
Basement-Unfinished
Heating-Forced Air (Wood)
Brokerage-HOMELIFE/DLK REAL ESTATE LTD
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-807 - Edwardsburgh/Cardinal Twp
Title-Residential Freehold

No agent assigned

This almost 2000 square foot 1 3/4 storey home with 4 good sized bedrooms, is in Spencerville, a village on the side of the Nation River about 45 minutes south of Ottawa. It has a front porch with windows on 3 sides where you can sip your morning coffee. From here go through the front door to entrance hall and then to the living room or from the side door enter into the large kitchen/dining room, with laundry with 2 pce bath beside the kitchen. In the dining room is a wood stove, installed by the stove store in Spencerville. Patio doors open onto a deck, which overlooks the large back yard which is over 250' deep. This totally fenced back yard backs onto the fairgrounds. And, if you have children in primary school, you will be interested to know that the Fraser Institute rates this school higher than many other public schools around. It has amazing teachers, and children thrive here. The village library is located next to the school. There are so many places in Spencerville that make it a perfect walkable community such as churches, the Legion, The Village pantry for cinnamon buns, pizza, ice cream and more; Drummonds gas, and or course check out Joe's for good food, and nice people . The post office is close. Its a great walk to the Spencerville Mill, with adjoining park. West of town is Cleary's seed and feed, as well as a Home Hardware. There is a car repair shop with super mechanics, across the street from Spencerville's own pharmacy. And if you buy this home, you will be in the middle of it all. This home will require renovations to make it into the perfect family home. There is a quote on file for the cost of having a new electrical panel installed. With skill, and hard work, you will make this the home you could only dream of in the city. And there are many tradespeople right in the area. You will love it here. There is a tenant who has been given notice, so need 24 hours notice for showings. This home is being sold 'AS IS WHERE IS

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Closing Costs

Mortgage Amount
$195,920
Land Transfer Taxes$2,174
Legal Fees (Est.)
$
Total cash required for closing$52,654

Total Monthly Obligation

$1,503/mo
Mortgage $988
Monthly Loss $1,243
Principal$260
Interest$728
Property Tax$140
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 24 Centre Street N

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