128 PARK STREET, St. Marys
$749,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 6 bedrooms, 4 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13584986
- Neighbourhood
- St. Marys
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys' established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property's location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you're expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys.
Sold data
Homes in St. Marys — recent sold market
Homes in St. Marys took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 107, across 105 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $564,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
- Median days to sell
- 52
- Median sale price
- $564,900
- Sale-to-list ratio
- 97.3%
- Sold above asking
- 8%
Based on 105 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in St. Marys
St. Marys has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 6.9/10.
- Rated schools
- 4
- Elementary
- 3
- Secondary
- 1
- Average rating
- 6.9 / 10
Top-rated schools in St. Marys
- South Perth Centennial — elementaryFraser rating 7.5/10
- St. Marys — secondary, St MarysFraser rating 7.3/10
- Little Falls — elementaryFraser rating 7.0/10
- Holy Name of Mary — elementaryFraser rating 5.9/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 128 PARK STREET
$732,000
Detached542,500–2,749 sqft9 - 2835 SHEFFIELD PLACE, South U, London South
$799,900
Detached6+242,000–2,500 sqft761 GLENWOOD ROAD N, Woodstock - North, Woodstock
$765,000
Townhouse5+142,250–2,499 sqft16 - 231 CALLAWAY ROAD, North R, London North
$769,000
Detached5+241,500–2,000 sqft2832 DOYLE DRIVE, South U, London South
$829,999
Detached6+242,000–2,500 sqft1161 UPPER THAMES DRIVE, Woodstock - North, Woodstock
$739,000
Detached5+241,500–2,000 sqft665 UPPER QUEEN STREET, South P, London South
$775,000
Detached4+141,500–2,000 sqft1789 DEVOS DRIVE, North C, London North
$779,900
Detached221,500–2,000 sqft52 GREENE STREET, Exeter, South Huron