128 Park Street, St. Marys, ON N4X 0C1
St. Marys, ON, N4X 0C1 · St. Marys
About this property
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.
Features & Amenities
- Basement: Crawl Space
- Garage: Attached
- Cooling: Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick Veneer, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Basement | Crawl Space |
| Garage | Attached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $3,569 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick Veneer, Aluminum Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Crawl Space
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 7.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 49.67
- Lot Width
- 147.18
Financial & Tax
- Tax Annual Amount
- $3,569
- Tax Year
- 2025
- Possession Type
- 30-59 days
- Possession Details
- 30 days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 18
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Perth
- Cross Street
- Wellington
- Directions
- Corner of Park and wellington
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
128 Park Street, St. Marys, ON N4X 0C1, St. Marys, ON, N4X 0C1