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$874,900Asking Price

767 Second Avenue, Tay, ON L0K 1R0

Port Mcnicoll, Tay

Fourplex
4
Bedrooms
4
Baths
8
Parking
Days on Market

Attention Investors! HST included in the purchase price. This 2 year old purpose-built fourplex is fully leased with each of the four 1-bedroom units generating $1,600/month plus hydro ($76,800 total income per year). Each unit includes a private 6x16 on-site storage locker, offering added convenience and value to tenants. Yearly expenses: insurance $3200, taxes $3326, water/sewer $1800, grass $400 and snow removal $1076. Situated in an unbeatable location just steps from the water and scenic recreational trails, this property appeals to quality renters seeking both lifestyle and comfort. Whether you're a seasoned investor or just starting out, this is your chance to secure a modern, hassle-free asset in a desirable area. Invest with confidence and enjoy steady rental income from day one.

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Attention Investors! HST included in the purchase price. This 2 year old purpose-built fourplex is fully leased with each of the four 1-bedroom units generating $1,600/month plus hydro ($76,800 total income per year). Each unit includes a private 6x16 on-site storage locker, offering added convenience and value to tenants. Yearly expenses: insurance $3200, taxes $3326, water/sewer $1800, grass $400 and snow removal $1076. Situated in an unbeatable location just steps from the water and scenic recreational trails, this property appeals to quality renters seeking both lifestyle and comfort. Whether you're a seasoned investor or just starting out, this is your chance to secure a modern, hassle-free asset in a desirable area. Invest with confidence and enjoy steady rental income from day one.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • No Garage
  • Talbot St & Second Ave
  • 1500-2000 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,326 in 2024
  • Possession: Flexible

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #S12212329
  • Keller Williams Experience Realty

Extras

Room Floor Dimensions Details
1 Kitchen Main 11.35' x 6.07'
2 Kitchen Main 11.19' x 5.97'
Washroom2 4-Piece Bathrooms on Main Floor
Washroom2 4-Piece Bathrooms

Who lives here?

Port Mcnicoll, Tay is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of youth aged 20 to 24, adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Tay  (0.8)

Singles

45% of residents are
single and loving it.

45% singles

Tay (39%)

Renters

19% of residents
are renters.

19% renters

Tay (13%)

Education

7% of residents are
university grads.

7% university grads

Tay (12%)

Income

Average Household Income

$80K

is the average household
income in the neighbourhood.

Tay  ($92K)

Professions

Professions

Sales 14%
Trades 11%
Business 6%
Government 5%
Health 5%

Immigrants

5% of residents were
born outside of Canada.

5% immigrants

Tay (6%)

Birthplace - All

UK was once home to 2.4% of immigrants.
Germany 0.8%
Poland 0.4%
Italy 0.2%
Russia 0.1%

2.4% from UK
All-time

Foreign Languages

Foreign Languages

French 1%
Polish 1%
German 1%
Italian 1%

Religions

Religions

Christian 75%