757 Fourth Avenue, Tay, ON L0K 1R0
Port McNicoll, Tay · Near Talbot/ 4th Ave · View map
About this home
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.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Lot size
- 60 x 120 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $2,117/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Talbot/ 4th Ave
- Neighbourhood
- Port McNicoll
More
- Price per sq ft
- ~$377 (at 2,250 sq ft)
- MLS® number
- S13821326
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The home and its surroundings
- Carpet Free
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
757 Fourth Avenue, Tay, ON L0K 1R0
Port McNicoll, Tay · Near Talbot/ 4th Ave
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Listing history for 757 Fourth Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 757 Fourth Avenue
Answers come straight from this home’s MLS® listing.
How much is 757 Fourth Avenue listed for, and what would it cost each month?
757 Fourth Avenue is listed for $849,000. With 20% down ($169,800), the mortgage payment would be roughly $3,425 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,601 a month, all in. That figure is an illustration, not a quote.
Is 757 Fourth Avenue freehold or a condo, and is there a monthly fee?
757 Fourth Avenue is a fourplex in Port McNicoll, Tay. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 757 Fourth Avenue have?
757 Fourth Avenue has 7 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 757 Fourth Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
What style of home is 757 Fourth Avenue?
757 Fourth Avenue is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 757 Fourth Avenue, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 60 x 120 ft.
How is 757 Fourth Avenue heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 757 Fourth Avenue?
Property taxes are $2,117 a year (2025), or about $176 a month.
Where is 757 Fourth Avenue?
757 Fourth Avenue is in the Port McNicoll community of Tay. The nearest main intersection is Talbot/ 4th Ave. The postal code is L0K 1R0.
Is 757 Fourth Avenue still for sale?
Yes. It is an active listing (MLS® S13821326). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 757 Fourth Avenue asking?
Similar properties for sale nearby right now include 2 Swan Lane at $799,000 (3 bed), 740 Midland Avenue at $999,000 (3 bed) and 753 Fifth Avenue at $679,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 757 Fourth Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 757 Fourth Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Port McNicoll, picked by style, size and price.
Detached home$799,0002 Swan Lane, Tay3 bed · 3 bath · Port McNicollCourtesy of: Sotheby's International Realty CanadaView home →
Detached home$999,000740 Midland Avenue, Tay3 bed · 3 bath · Port McNicollCourtesy of: HOMELIFE/VISION REALTY INC.View home →
Detached home$679,000753 Fifth Avenue, Tay3 bed · 3 bath · Port McNicollCourtesy of: HOME CHOICE REALTY INC.View home →Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.