770 Fourth Avenue
Port McNicoll, Tay, L0K 1R0
$3,488,000
- 7 bathrooms
Listed 83 days ago · MLS® S13618058
About this home
Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established Anchor Post Office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with LED lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the Post Office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby Pride Point, Awenda Provincial Park, and Port McNicoll Pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, Anchor Post Office lease details, Profit & Loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials and excellent long-term investment potential with a Perpetual Lease.
Details
- Type
- Store W Apt/Office
- Age
- 31-50 years
- Lot
- 84 × 126 ft
- Garage
- None
- Property tax
- $6,822 (2026)
- Neighbourhood
- Port McNicoll
- Municipality
- Tay
Interior
- Bathrooms
- 7 × bathroom
Heating, cooling and services
- Heating
- Baseboard
- Utilities
- Yes
Building and exterior
- Age
- 31-50 years
More
- Possession
- tbd
- 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 RIGHT AT HOME REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.