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226 Railway Street in Bonfield for sale

Asking price
$375,000
Estimate (Oct 19)
$369,984
MLS #:
X14095578
Type:
Fourplex, 1 1/2 Storey
Approx. SQFT:
2500-3000
Basement:
Unfinished, Sep Entrance
7 7
159.6 x 136.13 ft lot
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!

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  • Date Listed: Monday, October 19, 2026
  • Listing Brokerage: Royal Lepage Northern Life Realty, Brokerage - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Northern Life Realty, Brokerage and should be verified by the buyer.
  • City: Bonfield

    More 7 bedrooms homes for sale in Bonfield

  • Neighbourhood: Bonfield
  • Major Intersection: Hwy 531
  • Full Address: 226 Railway Street, Bonfield, P0H 1E0, Canada, ON, Canada
  • Amenities:
  • Taxes: $2,172.89 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.