550-552 Mario Street, Hawkesbury, ON K6A 3V3
Hawkesbury, ON, K6A 3V3 · 612 - Hawkesbury
About this property
Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours' notice is required for all showings.
Features & Amenities
- Basement: Full, Separate Entrance, Finished
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Electric
- Style: Bungalow-Raised
- Construction: Brick, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Basement | Full, Separate Entrance, Finished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $6,523 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick, Vinyl Siding
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Separate Entrance, Finished
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Covered Spaces
- 4
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 83.74
- Lot Width
- 79.65
Financial & Tax
- Tax Annual Amount
- $6,523
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Rooms Below Grade
- 8
- Kitchens Above Grade
- 2
- Kitchens Total
- 4
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Prescott and Russell
- Cross Street
- Roch St
- Directions
- Nelson St W, South on Chartrand Ave, Right on Roch St, Right on Mario
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
550-552 Mario Street, Hawkesbury, ON K6A 3V3, Hawkesbury, ON, K6A 3V3