Bonfield, ON
226 Railway Street
$375,000
Data last updated Oct 30, 2026, 12:40 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $375,000
- Type
- fourplex
- Bedrooms
- 7
- Bathrooms
- 4
- MLS®
- X14095578
- Status
- active
- Brokerage
- Royal LePage Northern Life Realty, Brokerage
About this home
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!
Location
More details
- Property tax
- $2,173 (2025)
- Days on market
- 12
- Style
- 1 1/2 Storey
- Year built
- 100+
- Lot
- 159.6 × 136.13 Feet
- Parking
- 8 spaces · None
- Basement
- Unfinished, Separate Entrance, Partial Basement
- Heating
- Baseboard
- Air conditioning
- None
- Neighbourhood
- Bonfield
- Major intersection
- Hwy 531
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.