Gurvinder Nokwal REALTOR®
For Sale Fourplex 34 days on market

$699,000

Est. payment $3,095/moCalculate yours

596688 10 Concession, Chatsworth, ON N0H 1G0

Chatsworth, Chatsworth, ON N0H 1G0

  • 7 Beds
  • 4 Baths
  • 3,500 Sq Ft

Listing courtesy of RE/MAX Grey Bruce Realty Inc. MLS® X13779012

About this home

Turnkey Investment Opportunity - Fully Tenanted 4-Unit Property. Excellent opportunity to add a fully tenanted, income-producing property to your investment portfolio. Situated in a peaceful country setting with generous outdoor space, this well-maintained four-unit property offers a strong combination of stable rental income, tenant appeal, and low-maintenance ownership. The property features three 2-bedroom units and one spacious 1-bedroom unit, all currently occupied. Each unit is separately metered for hydro, with tenants responsible for their own electricity, helping to keep operating expenses manageable.Several important updates have already been completed, including improvements to the roof, windows, heating system, paint, and flooring in select units, helping reduce the need for significant near-term capital expenditures. Additional income is generated through coin-operated laundry, while dedicated basement storage areas provide added convenience for each tenant. With a solid tenant base, established income, desirable rural setting, located close to Owen Sound, ample yard space, and key improvements already completed, this property offers an attractive turnkey opportunity for investors looking for a well-established multi-residential property with continued rental potential. **Total Rental Income $59,849, Laundry $2,000, Total Gross Income $61,849. Expenses $13,975. Net Operating Income $47,874.**

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
3,500 sqft

Interior

Bedrooms
7
Bathrooms
4
Kitchens
4
Basement
Full, Separate Entrance, Walk-Out

Building & Systems

Heating
Other (Propane)
Cooling
None
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
313.48 x 90.75 Feet
Parking
None garage · 5 total
Zoning
NEC

Financial

Property Taxes
$4,319 (2025)

Location

Neighbourhood
Chatsworth
Cross Street
Grey Road 40
Direction Faces
West

Listing

MLS® Number
X13779012
Days on Market
34
Listed On
2026-09-14
Listed By
RE/MAX Grey Bruce Realty Inc.

Features

Interior

  • Water Softener

Property

  • Greenbelt/Conservation
  • Wooded/Treed

Pool

  • None
Included
Hot water tank owned, smoke detectors, coin operated washer and dryer, 4 fridges, 4 stoves, lawnmower, snowblower, weed wacker
Excluded
tenants possessions
Rental items
Propane Tank(s)

Mortgage calculator

Minimum for this price: $44,900 (6.42%)

Amortization, years

Estimated mortgage payment

$3,095 per month

Principal and interest
$3,095
Property tax
$360
Estimated monthly cost
$3,455

Your mortgage

Mortgage amount
$559,200
Mortgage insurance
Not needed
Interest over 25 years
$369,306

Cash to close

Down payment
$139,800
Land transfer tax
$10,455
Total, before legal fees
$150,255
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

596688 10 Concession, Chatsworth, ON N0H 1G0 Chatsworth, Chatsworth, ON N0H 1G0
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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).

$699,000 596688 10 Concession, Chatsworth, ON N0H 1G0
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