Salehian.com 647-325-5000

757 Fourth Avenue

Port McNicoll, Tay, L0K 1R0

$849,000

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  • 7 bedrooms
  • 4 bathrooms
  • 10 parking
  • 2000-2500 sq ft

Listed 27 days ago · 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.

Details

Type
Fourplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
60 × 120 ft
Basement
Other
Garage
None
Kitchens
4
Property tax
$2,117 (2025)
Neighbourhood
Port McNicoll
Municipality
Tay

Interior

Bedrooms
7 above ground
Bathrooms
4 × bathroom
Family room or den
No
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Stucco (Plaster)
Roof
Asphalt Rolled
Foundation
Poured Concrete
Faces
East
Outdoor
Year Round Living

Parking

Total parking
10

Lot

Size
60 × 120 ft

More

Possession
Immediate
Cross street
Talbot/ 4th Ave

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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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.

Who lives here postal area L0K

Owners / renters
89% / 11%
Median household income
$88,000
Average age
47
Children under 15
13%
Homes
91% detached, 0% high-rise
Commute by transit
0%
Population
38,386

Languages spoken most at home besides English: Russian 0.3%, Tamil 0.1%, Polish 0.1%, Yue (Cantonese) 0.1%.

Safety

Crime Severity Index for Southern Georgian Bay (Tay) (OPP): 38 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 Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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 CENTURY 21 B.J. ROTH REALTY LTD..

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

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