757 Fourth Ave

Tay, ON L0K 1R0
  • $849,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 2,000

    SqFt
  • 0.17

    Acre

About the Listing 074711 -

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.

Listing Highlights for 757 Fourth Ave

Status Active
Days on Site 25
Property Type Multi-Family
MLS ® S13821326
Year Built
Total Square Footage 2,000
Lot/Acreage 0.17
County Simcoe
Neighborhood Port McNicoll
Area Tay

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: Carpet Free,4 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Rolled
  • Others: Year Round Living
  • Sewer: Sewer
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $2,117
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 584810244
  • Tax Year: 2025

Payment Calculator

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Listing Location

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757 Fourth Ave Tay, ON L0K 1R0

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