128 Park Street St. Marys, Ontario N4X 0C1
6 Bedroom
4 Bathroom
3,000 - 3,500 sqft
Window Air Conditioner
Forced Air
$789,000
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:15069)
Property Details
| MLS® Number | X13584986 |
| Property Type | Multi-family |
| Community Name | St. Marys |
| Parking Space Total | 7 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Basement Type | Crawl Space |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick Veneer, Aluminum Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 49 Ft ,8 In |
| Size Frontage | 147 Ft ,2 In |
| Size Irregular | 147.2 X 49.7 Ft |
| Size Total Text | 147.2 X 49.7 Ft |
https://www.realtor.ca/real-estate/30056385/128-park-street-st-marys-st-marys
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July 20 2026 06:31:38
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