For Sale: 550-552 Mario Street, Hawkesbury, ON - REW
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$594,900
8 bd • 4 ba • 1500 - 1999 sf • Multifamily
550-552 Mario Street
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$594,900
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550-552 Mario StreetHawkesbury, ON, K6A 3V3

  • 8 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours' notice is required for all showings. (id:63626)
Listed by: Eric Longpre, Salesperson, RE/MAX ABSOLUTE REALTY INC.

Home facts and features

Price details
List Price
$594,900
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Gross Taxes for 2026
$6,523
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
83.7 feet
Frontage
79.8 feet
Style
Raised bungalow
Exterior Finish
Brick, Vinyl siding
Heating Type
Baseboard heaters, Electric, Natural gas, Other
Basement Details
Finished, Full, Separate entrance, ,
Agent details
Primary Agent
Eric Longpre
Primary Broker
RE/MAX ABSOLUTE REALTY INC.
Listing details
Days on REW
4 Days
MLS® Number
X13547724
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

Hawkesbury Regional Catholic High School
  • Catholic
  • 7 - 12
É Élém C Paul VI
  • Catholic
  • JK - 6
ÉEP Nouvel Horizon
  • Public
  • JK - 6
ÉEP Le Sommet
  • Public
  • 7 - 8
ÉSP Le Sommet
  • Public
  • 9 - 12
É Élém C Saint-Jean-Baptiste
  • Catholic
  • 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
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Call Agent
Salesperson
Eric Longpre
Phone:
(613) 296-5788
Office:
613-422-2055
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.