770 Fourth Avenue
Tay, ON
- 7 bath
- Store W Apt/Office
- 51 days on market
Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor (2 currently vacant for immediate rental upside) and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established Anchor Post Office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with LED lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the Post Office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby Pride Point, Awenda Provincial Park, and Port McNicoll Pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, Anchor Post Office lease details, Profit & Loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials, immediate upside through two vacant units, and excellent long-term investment potential with a Perpetual Lease.
Listing Details
- Taxes (2026)
- $6,822
- Listed
- July 29, 2026
Price History
Property
- Age
- 31-50
- Lot Size
- 84 x 126 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Talbot / 4th Ave
- Zoning
- C1
- Parcel Number
- 584810328
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 60 %
- Rental Term
- 12 months
Included
- Inclusions
- Gas Lawnmower, Elements, Pans, Touch Up Paint, Blinds, HWT (owned)
- Exclusions
- All owner reno equipment
- Rental Items
- None
Community
Postal area L0K
- Population
- 38,386
- Private dwellings
- 22,207
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $88,000
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
Commercial in Tay · last 12 months
- Median sold price
- $573,000
- Homes sold
- 171
- Median days on market
- 30
- Sale-to-list price
- 95.9%
Based on 171 recorded sales of commercial properties in Tay over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $6,822
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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