$749,000
↓ $40,000 from $789,000
Est. payment $3,316/moCalculate yours
128 Park Street, St. Marys, ON N4X 0C1
St. Marys, St. Marys, ON N4X 0C1
- 6 Beds
- 4 Baths
- 1 Garage
- 3,000 Sq Ft
Listing courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC MLS® X13584986
About this home
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys’ established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property’s location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you’re expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 3,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Brick Veneer, Aluminum Siding
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 147.18 x 49.67 Feet
- Parking
- Attached garage · 7 total
Financial
- Property Taxes
- $3,569 (2025)
Location
- Neighbourhood
- St. Marys
- Cross Street
- Wellington
- Direction Faces
- East
Listing
- MLS® Number
- X13584986
- Days on Market
- 95
- Listed On
- 2026-07-15
- Possession
- 30 days
- Listed By
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Features
Interior
- None
Pool
- None
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$3,316 per month
- Principal and interest
- $3,316
- Property tax
- $297
- Condo fees
- $0
- Estimated monthly cost
- $3,614
Your mortgage
- Mortgage amount
- $599,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $395,723
Cash to close
- Down payment
- $149,800
- Land transfer tax
- $11,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $161,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.