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757 FOURTH AVENUE, Tay, Ontario, L0K 1R0

MLS® # S13821326

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Investment For Sale In Tay, Ontario

$849,000

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757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 1 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 2 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 3 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

Unit 4 - 757 Fourth Avenue, Tay, ON

Advertising

757 FOURTH AVENUE, Tay, Ontario, L0K 1R0

$849,000

Property Information:

INVESTMENT OPPORTUNITY! Fully tenanted four-plex offering and excellent opportunity for investors seeking a turnkey income producing property. The property features four- self contained residential units, including Unit 1- 2 Bed, Unit 2- 1 Bed, Unit 3- 2 Bed, Unit 4- 2 bed, providing a desirable mix of long-term rental demand. Current gross rental income $78,000 annually from the 4 units, laundry and storage. Current operating expenses are approximately $17,126 annually, resulting in a Net of $60,873. Well suited for experienced investors and those looking to add a multi-residential property to their portfolio. With all 4 units occupied, the property offers immediate rental income and an established tenant base. Property is fully tenanted. Showings of the interior are available following an acceptable offer, with appropriate notice to tenants. Please do not disturb the tenants. Bonus: Mixed use zoning allowing for residential or commercial. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Other, See Remarks
Basement Type: N/A
Exterior Finish: Stucco
Floor Space: 2000 - 2500 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: All

Property Features:

Property Type: Multi-family
Features: Carpet Free
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 120 Feet
Lot Frontage: 60 Feet
Lot Size: 60 x 120 FT
Utility Type: Sewer - Installed, Hydro - Installed
Zoning: R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 10

Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.

Rating:

Notes:

Market Price Trends

Single family detached

-1.32%

Price change (1 year)

35.45%

Price change (5 years)

All Properties

-1.57%

Price change (1 year)

35.53%

Price change (5 years)

Location of 757 FOURTH AVENUE, Tay, Ontario, L0K 1R0

Lifestyle
Neighbourhood

Demographic Information of 757 FOURTH AVENUE, Tay, Ontario, L0K 1R0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,266.39

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.54 %

High school certificate or equivalent

32.7 %

Apprenticeship trade certificate/diploma

5.88 %

College/non-university certificate

30.88 %

University certificate (below bachelor)

0.11 %

University Degree

6.89 %

Commuter

Travel To Work

By Car

96.71 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

3.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.95 %

Houses

90.05 %

Own Vs. Rent

757 FOURTH AVENUE, Tay, Ontario, L0K 1R0 $849,000 MLS® # S13821326