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Investment signal

$2,998,000

1026 COUNTY RD 2 ROAD

Save this home

Beds

Baths

1

Sqft

Year

Type

Industrial

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edwardsburgh/Cardinal. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Located in the municipality of Cardinal, Ontario, just minutes from Highway 401 and the U.S. border crossing along the St. Lawrence River, this property offers an exceptional mix of industrial, commercial, and income-generating opportunities. The site features a new 8,000 sq. ft. steel-frame, clear-span warehouse with a 22-ft. ceiling height, metal siding, and a metal roof. The warehouse is equipped with in-floor gas radiant heating built into the concrete slab and 100-amp single-phase electrical service. It includes two 16-ft. roll-up doors and two man doors for easy access. The building is site-plan approved for a 100-ft. expansion, allowing for a total of 16,000 sq. ft. if desired. A second 3,200 sq. ft. office-warehouse building offers clear-span interior space, steel siding and roof, and 200-amp single-phase service. It includes two 8-ft. roll-up doors and a front man-door entrance, making it ideal for operations or tenant use. At the rear of the property, a 28-unit mini-storage facility generates approximately $1,600 per month in rental income. The site is approved for two additional mini-storage buildings, offering strong expansion potential. At the front of the property, a residential bungalow currently leased for $1,500 per month provides additional income and could easily be converted into an office. Originally envisioned as a mini-storage rental facility, the site is zoned and suitable for a wide range of light industrial uses, including logistics, warehousing, outdoor storage, transportation, light manufacturing, and service or repair operations. Strategically positioned between Kingston, Montreal, and Ottawa, with direct access to Highway 401 and proximity to the U.S. border, this property offers outstanding accessibility and development potential for investors or owner-operators alike. (id:65958)

Subtype
Industrial
Community
807 - Edwardsburgh/Cardinal Twp
Living area
11,846 square feet
Lot dimensions
194.0 ; Not a perfect rectangle.
On market
Oct 25, 2025
Status changed
Apr 24, 2026
Annual tax
$13,686 (2025)
Zoning
MR-4
Photos
17
MLS#
X12482396
Area
EDWARDSBURGH/CARDINAL

Features and systems

Heating

Radiator

Cooling

None

Lot

Irregular lot size
Negative cash flow ~$3,104/mo at these assumptions

Cash on cash

-6.21%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,267

Financing

Down payment$599,600
Loan amount$2,398,400
Mortgage$12,152/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,374
Insurance$80
Maintenance$2,498
CapEx reserve$1,249
Vacancy loss$750

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $12,152/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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