FourplexActive

128 Park Street

128 Park Street, St. Marys, ON N4X 0C1·MLS® X13584986

$789,000

Annual taxes: $3,569 (2025)

6

Bedrooms

4

Bathrooms

3000-3500

Sqft Range

—

Approx. Age

Property Overview

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

None

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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

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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