$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
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
Estimated mortgage payment
$3,759 per month
- Principal and interest
- $3,759
- Property tax
- $176
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $183,255
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
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