For Sale: 128 Park Street, St. Marys, ON - REW
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$789,000
6 bd 4 ba 3000 - 3499 sf Multifamily

128 Park StreetSt. Marys, ON, N4X 0C1

  • 6 Bed
  • 4 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: TY FORSTER, Broker, NU-VISTA PINNACLE REALTY BROKERAGE INC

Home facts and features

Price details
List Price
Gross Taxes for 2025
$3,569
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
7
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
49.7 feet
Frontage
147.2 feet
Exterior Finish
Aluminum siding, Brick Veneer
Heating Type
Forced air, Natural gas
Cooling
Window air conditioner
Basement Details
Crawl space
Agent details
Primary Agent
Primary Broker
NU-VISTA PINNACLE REALTY BROKERAGE INC
Listing details
Days on REW
1 Day
MLS® Number
X13584986
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Holy Name of Mary School
  • Catholic
  • JK - 8
St Mary's School
  • Catholic
  • JK - 8
Little Falls Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.