Size
-
Lot size
7590 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$320 - $400
Taxes
$4,408.45 (2025)
Parking Type
-
Style
2-Storey
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Description
Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Pride of ownership is evident throughout, with valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting.
Broker: REALTY ONE GROUP REVEAL
MLS®#: N13445662
Property details
Parking:
10
Parking type:
-
Property type:
Fourplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
66 Ft
Lot depth:
115 Ft
Listed on:
Jun 15, 2026
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Second | Bedroom 2 | 11.4 x 9.0 ft | |
Main | Bedroom | 12.0 x 7.0 ft | |
Main | Bedroom 2 | 10.0 x 8.0 ft |
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Instant estimate:
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$1,499
lower than listed pricei
High
$838,321
Mid
$798,401
Low
$758,481
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