$ 594,900
-
$594,900
Price -
8
Bed -
4
Bath -
1,500
SqFt
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About the Listing 501101 -
Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours' notice is required for all showings.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
X13547724
Year Built
Total Square Footage
1,500
Lot/Acreage
0.15
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Separate Entrance,Finished
- Other: 4 Kitchens
- Water:
Exterior Details
- Garage Capacity: 4 car
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $6,523
- Taxes w/Assessments: N/A
- Tax/Property ID: 541670034
- Tax Year: 2025
Payment Calculator
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Questions About..
550-552 Mario St Hawkesbury, ON K6A 3V3
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