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Renanza Realty
For sale

213 E MAIN Street

Palmerston, Ontario

MLS® 40859673

$749,900

Status
Active
Property type
Multi-family
MLS® number
40859673
Bedrooms
6
Bathrooms
3
Year built

Listing description

ATTENTION INVESTORS! Opportunity knocks in the heart of Palmerston with this substantial 4-unit property offering 3,340 sq. ft.

of above-grade living space and four self-contained units under one roof. Whether you're looking to expand an existing portfolio or make your move into multi-residential investing, 213 Main Street E offers the diversification and income potential investors look for without having to purchase multiple properties. Each unit features a functional layout designed for everyday living, while four on-site parking spaces — one for each unit — plus individual storage lockers add valuable tenant conveniences.

The property is ideally located close to downtown Palmerston amenities, schools, shopping and the Palmerston & District Hospital, helping support long-term tenant appeal. Behind the stucco exterior is a full brick exterior with added foam insulation. With four rental units, municipal services and MU2 zoning, this is a compelling opportunity to secure a multi-residential asset in a growing Southwestern Ontario community.

Add it to your portfolio and let four doors work for you!

Property summary

MLS® number
40859673
Property type
Multi-family
Building type
Fourplex
Square footage
3,340 sq ft
Title
Freehold
Annual property taxes
$5,376.00
Parking
4 spaces
Days on market
16 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
None
Exterior features
Stucco

What would this home cost you?

Based on the $749,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,489 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY BROKERAGE, Mississauga.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.