Active MLS® listing X14095578

226 Railway Street, Bonfield, ON P0H 1E0

Bonfield, Bonfield, Ontario

$375,000
Bedrooms7.0
Bathrooms4.0
Property typeFourplex
MLS® numberX14095578

About the property

A closer look.

Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses!

At a glance

Property details.

Status
Active
Property type
Fourplex
Architectural style
1 1/2 Storey
Approximate age
100+
Living area
2500-3000 sq ft
Lot
0.47 Acres
Parking
8 spaces
Garage
None
Basement
Unfinished, Separate Entrance, Partial Basement
Heating
Baseboard, Electric
Cooling
None
Water source
Dug Well, Artesian Well
Sewer
Septic
Annual taxes
$2,173 (2025)
Community
Bonfield
Municipality
Bonfield
Postal code
Not provided
Listing brokerage
Royal LePage Northern Life Realty, Brokerage

Where it sits

The location.

Plan the numbers

What it would carry.

Estimated monthly payment$1,710

Estimated mortgage amount: $300,000. This planning estimate excludes mortgage insurance, property tax, utilities, and lender-specific fees or qualification rules.

Plan with context

Move from listing
to informed decision.

A showing is the point where the photos meet the details. We can help you compare the condition, setting, and fit of this property with the other active choices around North Bay and the Near North.

Board data source: PropTx. Listing brokerage: Royal LePage Northern Life Realty, Brokerage.

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