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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,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 8:47 PM UTC, 10/19/2026

 

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