226 Railway Street, Bonfield, ON P0H 1E0
Bonfield, ON P0H 1E0
About this property
Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses!
Property facts & features
- Property type
- Fourplex
- MLS® number
- X14095578
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- P0H 1E0
- Parking spaces
- 8
- Garage
- None
- Lot depth (source units)
- 136.13
- Annual property tax
- 2172.89
- Basement
- Unfinished, Separate Entrance, Partial Basement
- Laundry
- Not provided
- Interior features
- Sewage Pump, Water Heater Owned, Water Treatment
- 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 · $375,000
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 Bonfield →Listing brokerage: Royal LePage Northern Life Realty, Brokerage. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14095578. Information deemed reliable but not guaranteed.