




7 Beds
4 Baths
C$375,000
226 Railway Street, Bonfield ON, P0H 1E0
Property typeMulti-family
Overview
Active
New
Listed Oct 19, 2026
Updated 6h ago
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!
Additional information
- MLS® ID
- X14095578
Interior Features
- Bedrooms
- 7
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.47 Acres
Other Property Details
- Taxes
- $2,173
- Tax Frequency
- Annually
- View
- Yes
Courtesy of Listed by , Royal LePage Northern Life Realty, Brokerage,
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Data last updated 8:47 PM UTC, 10/19/2026