Salehian.com 647-325-5000

226 Railway Street

Bonfield, Bonfield, P0H 1E0

$375,000

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  • 7 bedrooms
  • 4 bathrooms
  • 8 parking
  • 2500-3000 sq ft

Listed yesterday · MLS® X14095578

About this home

Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses!

Details

Type
Fourplex
Style
1 1/2 Storey
Age
100+ years
Size
2500-3000 sq ft
Lot
159.6 × 136.13 ft
Basement
Unfinished, Separate Entrance, Partial Basement
Garage
None
Kitchens
4
Property tax
$2,173 (2025)
Neighbourhood
Bonfield
Municipality
Bonfield

Interior

Bedrooms
7 above ground
Bathrooms
4 × 4-piece
Rooms
15 above ground
Family room or den
No
Fireplace
No
Features
Sewage Pump, Water Heater Owned, Water Treatment

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Septic

Building and exterior

Style
1 1/2 Storey
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone, Block, Concrete Block
Age
100+
Faces
East
Outdoor
Shed

Parking

Total parking
8
Driveway and parking
Private

Lot

Size
159.6 × 136.13 ft (irregular)

More

Possession
Immediate if assuming the tenants
Cross street
Hwy 531

Location

Location is approximate. See nearby homes on the map

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 0 parks.

Schools nearby

Elementary

  • École séparée Lorrain French3 min walk

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area P0H

Owners / renters
87% / 13%
Median household income
$80,000
Average age
46
Children under 15
15%
Homes
90% detached, 0% high-rise
Commute by transit
1%
Population
31,909

Languages spoken most at home besides English: German 0.4%, Polish 0.1%, Swiss German, Russian.

Safety

Crime Severity Index for North Bay (Bonfield) (OPP): 20 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.

Living here

Commute

Noise 1 source nearby

  • 🚆 Rail line (North Bay Subdivision)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Northern Life Realty, Brokerage.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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