Listed for:Listed 28 days ago
$849,000

757 Fourth Avenue

Tay (Port McNicoll), ON L0K 1R0

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 757 Fourth Avenue, Tay, Port McNicoll

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 757 Fourth Avenue, Tay, Port McNicoll

Summarized Description

  • Investment opportunity with fully tenanted units.
  • Turnkey property generating $78,000 annual income.
  • Four self-contained residential units available.
  • Mixed use zoning for residential or commercial use.
  • Established tenant base ensures immediate income.
  • Operating expenses approximately $17,126 annually.
  • Ideal for experienced investors seeking multi-residential properties.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,117
Land Transfer Tax Fee
$13,455

Rental Items

Rental Equipment
None

Basement Type
Other

Interior Features

Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Stucco (Plaster)
Roof
Asphalt Rolled
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
60.00 ft
Lot Depth
120.00 ft

Inclusions

Inclusions
All appliances in each unit & laundry

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
7
Washrooms
4
Kitchens
4

Washrooms

  • —-piece

Municipality
Tay
Neighbourhood
Port McNicoll
Main cross streets
Talbot/ 4th Ave
Zoning
R3
Directions
Hwy 12 >Talbot St > 4th Ave.

MLS® number
S13821326
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-23
Updated on
2026-10-01
Days on market
28 days
Possession date
2026-10-23
Possession type
Immediate
Co-op commission
2.5% + HST
Seller
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.

Home Market Value

Current home valuation for 757 Fourth Avenue, Tay, Port McNicoll, Tay, ON. Listed for $849,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 757 Fourth Avenue, Tay, Port McNicoll

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Tay, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $349,000 over $500K

Minimum down payment

$59,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$31,549$23,687$20,206$0
=Total mortgage
$820,270$787,787$741,856$679,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,005monthly$3,846monthly$3,622monthly$3,316monthly
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Land Transfer Tax

Provincial

$13,455

Total Land Transfer Tax

$13,455

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