Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$749,000 $4,021 est/mo Sourced by Back At You
128 Park Street,St. Marys, ON N4X0C1
St. Marys, ON N4X0C1
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. (id:13843)
Details
| MLS # | X13584986 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 98 |
| Listing Provided By | NU-VISTA PINNACLE REALTY BROKERAGE INC | TY FORSTER |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,000 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 7 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3569 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | St. Marys |
| Postal Code | N4X0C1 |
| Listing VS Median (in N4X0C1) | |
Price: $749,000 low | high Med: $599,900 sqft: 3,000 low | high Med: 1,100 $ / sqft: $250 low | high Med: $545 On site: 98 low | high Med: 53 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Marys |
| Postal Code | N4X0C1 |
| Listing VS Median (in N4X0C1) | |
Price: $749,000 low | high Med: $599,900 sqft: 3,000 low | high Med: 1,100 $ / sqft: $250 low | high Med: $545 On site: 98 low | high Med: 53 | |
Nearby Listings (Within 1/4 mile)
Price: $561K - $936K
sqft: 2,000 - 3,500
Listing Updated: October 13, 2026 at 12:29:51 PM PDT
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