Gurvinder Nokwal REALTOR®
For Sale Fourplex 25 days on market

$849,000

Est. payment $3,759/moCalculate yours

757 Fourth Avenue, Tay, ON L0K 1R0

Port McNicoll, Tay, ON L0K 1R0

  • 7 Beds
  • 4 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD. MLS® S13821326

About this home

INVESTMENT OPPORTUNITY! Fully tenanted four-plex offering and excellent opportunity for investors seeking a turnkey income producing property. The property features four- self contained residential units, including Unit 1- 2 Bed, Unit 2- 1 Bed, Unit 3- 2 Bed, Unit 4- 2 bed, providing a desirable mix of long-term rental demand. Current gross rental income $78,000 annually from the 4 units, laundry and storage. Current operating expenses are approximately $17,126 annually, resulting in a Net of $60,873. Well suited for experienced investors and those looking to add a multi-residential property to their portfolio. With all 4 units occupied, the property offers immediate rental income and an established tenant base. Property is fully tenanted. Showings of the interior are available following an acceptable offer, with appropriate notice to tenants. Please do not disturb the tenants. Bonus: Mixed use zoning allowing for residential or commercial.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
7
Bathrooms
4
Kitchens
4
Basement
Other

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Rolled
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
60 x 120 Feet
Parking
None garage · 10 total
Zoning
R3

Financial

Property Taxes
$2,117 (2025)

Location

Neighbourhood
Port McNicoll
Cross Street
Talbot/ 4th Ave
Direction Faces
East

Listing

MLS® Number
S13821326
Days on Market
25
Listed On
2026-09-23
Possession
Immediate
Listed By
CENTURY 21 B.J. ROTH REALTY LTD.

Features

Interior

  • Carpet Free

Pool

  • None
Included
All appliances in each unit & laundry
Rental items
None

Mortgage calculator

Minimum for this price: $59,900 (7.06%)

Amortization, years

Estimated mortgage payment

$3,759 per month

Principal and interest
$3,759
Property tax
$176
Estimated monthly cost
$3,936

Your mortgage

Mortgage amount
$679,200
Mortgage insurance
Not needed
Interest over 25 years
$448,556

Cash to close

Down payment
$169,800
Land transfer tax
$13,455
Total, before legal fees
$183,255
Talk to me about financing

Estimates 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

757 Fourth Avenue, Tay, ON L0K 1R0 Port McNicoll, Tay, ON L0K 1R0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$849,000 757 Fourth Avenue, Tay, ON L0K 1R0
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