770 Fourth Avenue, Tay, ON L0K 1R0
Tay, ON L0K 1R0
About this property
Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established Anchor Post Office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with LED lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the Post Office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby Pride Point, Awenda Provincial Park, and Port McNicoll Pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, Anchor Post Office lease details, Profit & Loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials and excellent long-term investment potential with a Perpetual Lease.
Property facts & features
- Property type
- Store W Apt/Office
- MLS® number
- S13618058
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 7
- Reported interior area
- 0
- Neighbourhood
- Not provided
- Postal code
- L0K 1R0
- Garage
- None
- Lot depth (source units)
- 126
- Annual property tax
- 6822
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $3,488,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Tay →Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® S13618058. Information deemed reliable but not guaranteed.