$789,000

128 Park Street, St. Marys, ON N4X 0C1

St. MarysSt. MarysFourplex

6 beds4 baths7 parking 3000-3500 ft²

Key facts

MLS®
X13584986
Status
New
Type
Fourplex
Taxes
$3,569
Size
3000-3500 ft²
Parking
7 total
Listed
2026-07-20
Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Cross street
Wellington

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.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.