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:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Architectural Style: Raised bungalow
- Parking Spaces: 4
- Transaction: For sale
Building
- Architectural Style: Raised bungalow
- BasementType: Full, N/A, N/A (Finished)
- Basement Development: Finished
- Basement Features: Separate entrance
- Bedrooms Main Level: 4
- Bedrooms Lower Level: 4
- Cooling: None
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: True
- Fireplace Total: 4
- Foundation: Poured Concrete
- Bathrooms (Total): 4
- Heating: Baseboard heaters, Other
- Heating Fuel: Electric, Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 1
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 79 ft ,8 in
- Size Irregular: 79.7 x 83.7 FT
Listing provided by RE/MAX ABSOLUTE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 550-552 MARIO STREET in Hawkesbury Ontario. It was last modified on July 10th, 2026. Contact Biju George to schedule a viewing or to discover other Hawkesbury properties for sale.