The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 415 Highway 2, Cardinal--a charming waterfront home offering the best of river living without the premium waterfront tax bill. Nestled along the Cardinal Canal, this well-maintained 2+1 bedroom, 2 bathroom home enjoys spectacular views of the St. Lawrence River, where you can relax and watch the ships glide by from the comfort of your own property. One of the home's unique advantages is the opportunity for the owner to apply annually to OPG for a permit to install a dock, providing convenient water access while benefiting from significantly lower property taxes than traditional waterfront ownership. Inside, you'll find a bright and spacious layout with a large eat-in kitchen, perfect for family meals and entertaining. The main floor laundry adds everyday convenience, while the front room has previously served as a main floor bedroom, offering flexible living options for guests, multigenerational families, or those seeking one-level living. A cozy, modern wood fireplace creates a warm and inviting atmosphere during the cooler months in the living room. Major updates have already been completed, including newer roof, windows, exterior door, siding, gas fireplace, furnace, and hot water tank, giving buyers peace of mind for years to come. Outside, the pie-shaped lot offers beautiful gardens and plenty of space to enjoy the outdoors while taking in the peaceful waterfront setting. A small barn/garage is located on the property and, with some restoration, could once again serve as excellent storage, a workshop, or hobby space. If you've been dreaming of a relaxed riverside lifestyle with beautiful views, flexible living space, and exceptional value, 415 Highway 2 is a property you won't want to miss.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,755/mo
Mortgage (principal + interest)$1,590
Property taxFrom listing: $1,982/yr$165
Minimum $21,245 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$84,980
Ontario land transfer taxProvincial brackets, no first-time refund$4,973
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$92,753
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Edwardsburgh/Cardinal has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
