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.
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Listed by:
NU-VISTA PINNACLE REALTY BROKERAGE INC
Source: TRREB,MLS®#: X13584986Originating MLS®#: London and St. Thomas Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Forced Air, Gas
Cooling
Window Unit(s)
Features
None
Basement: Crawl Space
Has fireplace: No
Interior area
Living area range: 3000-3500 null
Property
Parking
Total spaces: 7
Parking features: Garage
Has garage: Yes
Features
Stories: 2
Pool features: None
Lot
Size: 7,310 Square Feet
Details
Parcel number: 532470064
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Brick Veneer, Aluminum Siding
Foundation: Stone
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Saint Marys
Financial & listing details
Annual tax amount: C$3,569
Date on market: 7/20/2026
NU-VISTA PINNACLE REALTY BROKERAGE INC
NU-VISTA PINNACLE REALTY BROKERAGE INC
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