213 MAIN Street
Palmerston, Ontario
- 6 bed
- 4 bath
- Multi-family
Turnkey investment opportunity in the growing community of Palmerston! This purpose-built 4-plex delivers reliable income potential with four separate units, making it an ideal addition to any investor’s portfolio. The building offers practical, well-laid-out units that appeal to a wide range of tenants, supporting strong occupancy and consistent cash flow. With dedicated parking and a location close to everyday essentials, this property checks the boxes for both convenience and long-term rental stability. Palmerston continues to attract residents seeking small-town affordability with access to larger centers, creating ongoing demand for quality rental housing. Investors will recognize the upside through rent growth potential and value-add improvements over time. Whether you’re a seasoned investor or looking to secure your first multi-unit property, this 4-plex offers a smart balance of income today and appreciation tomorrow.
Price History
Schools
Secondary
- Norwell District Secondary School0.3 km
Public · Upper Grand DSB · 735 students
Grade 10 literacy: 84% met the provincial standard
Elementary
- Palmerston Public School0.5 km
Public · Upper Grand DSB · 480 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 66% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N0G
- Population
- 86,935
- Private dwellings
- 35,896
- Median age
- 40.8
- Average household size
- 2.6
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Palmerston · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Palmerston over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$149,980
Estimated Monthly Payment
$3,684
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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