128 Park Street
$789,000
Annual taxes: $3,569 (2025)
6
Bedrooms
4
Bathrooms
3000-3500
Sqft Range
—
Approx. Age
Property Overview
MLS®
X13584986
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Fourplex
List Price
$789,000
Taxes
$3,569 (2025)
Square Footage (Range)
3000-3500
Bedrooms
6
Bathrooms
4
Garage
1 spaces
Parking
7 spaces
Basement
Crawl Space
Cooling
Window Unit(s)
Sewer
Sewer
Style
2-Storey
City
St. Marys
Postal Code
N4X 0C1
Property Description
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys' established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property's location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you're expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys.
Property Features
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Estimated Monthly
$3,872
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Data via TRREB / AMPRE IDX
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