New Listing
$375,000
 $2,013 est/mo Sourced by Back At You

226 Railway Street,Bonfield, ON P0H1E0

Bonfield, ON P0H1E0

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Description

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! (id:13843)

Details

MLS #X14095578
Listing TypeFor Sale
StatusActive
Days On Site3
Listing Provided ByRoyal LePage Northern Life Realty, Brokerage | RENEE ROY

Features

Bed(s)7
Bath(s) 4 Total
SQ Feet2,500
BasementY
Story(s)1
ZoningResidential property with four s

Interior

CoolingNone
HeatingBaseboard heaters, Electric
AppliancesStove, Water Treatment, Water Heater, Two Refrigerators
Fireplace Yes / NoNo

Exterior

Lot FeaturesIrregular lot size
Foundation DetailsStone, Block

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

UtilitiesElectricity, Cable
SewerSeptic System
Water SourceDug Well, Artesian Well

Taxes

Tax Annual Amount2172.89
Tax Year2026

Area Information

ProvinceON
CityBonfield
Postal CodeP0H1E0
Listing VS Median (in P0H1E0)
Price:
$375,000
low | high
Med:
$599,900
9.973333333333% of Average
sqft:
2,500
low | high
Med:
1,100
100% of Average
$ / sqft:
$150
low | high
Med:
$545
100% of Average
On site:
3
low | high
Med:
57
5.263157894737% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityBonfield
Postal CodeP0H1E0
Listing VS Median (in P0H1E0)
Price:
$375,000
low | high
Med:
$599,900
9.973333333333% of Average
sqft:
2,500
low | high
Med:
1,100
100% of Average
$ / sqft:
$150
low | high
Med:
$545
100% of Average
On site:
3
low | high
Med:
57
5.263157894737% of Average
Sourced by Back At You
Listing Updated: October 19, 2026 at 2:07:14 PM PDT

Paul Liberatore - Sutton