128 Park Street
St. Marys, ON
- 6 bed
- 4 bath
- approx. 3000-3500 sqft
- Fourplex
- 54 days on market
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys' established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property's location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you're expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys.
Listing Details
- Taxes (2025)
- $3,569
- Listed
- July 15, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick Veneer, Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- None
- Lot Size
- 147.18 x 49.67 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Wellington
- Parcel Number
- 532470064
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Rental Items
- none
Schools
Secondary
- St Marys D.C. & V. I. High School0.8 km
Public · Avon Maitland DSB · 430 students
Grade 10 literacy: 97% met the provincial standard
Elementary
- St Marys D.C. & V.I. - Elementary0.8 km
Public · Avon Maitland DSB · 125 students
- Little Falls Public School1 km
Public · Avon Maitland DSB · 450 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 74% met the provincial standard
- Holy Name of Mary School1.1 km
Catholic · Huron Perth CDSB · 205 students
Grade 3 reading: 54% met the provincial standard · Grade 6 math: 46% 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 N4X
- Population
- 9,946
- Private dwellings
- 4,195
- Median age
- 47.6
- Average household size
- 2.4
- Median household income
- $89,000
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
Residential Freehold in St. Marys · last 12 months
- Median sold price
- $550,500
- Homes sold
- 107
- Median days on market
- 47
- Sale-to-list price
- 96.3%
Based on 107 recorded sales of residential freehold properties in St. Marys over the last 12 months.
Listed by
NU-VISTA PINNACLE REALTY BROKERAGE INC
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$157,800
Estimated Monthly Payment
$3,876
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: $3,876/mo (20% down, 5.5%)
Taxes: $297/mo · Insurance: $197/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?