550-552 Mario Street Hawkesbury, Ontario K6A 3V3
$594,900
Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours' notice is required for all showings. (id:48755)
Property Details
| MLS® Number | X13547724 |
| Property Type | Multi-family |
| Community Name | 612 - Hawkesbury |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 8 |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full, N/a, N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fireplace Present | Yes |
| Fireplace Total | 4 |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Other |
| Stories Total | 1 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 83 Ft ,8 In |
| Size Frontage | 79 Ft ,8 In |
| Size Irregular | 79.7 X 83.7 Ft |
| Size Total Text | 79.7 X 83.7 Ft |
https://www.realtor.ca/real-estate/30016415/550-552-mario-street-hawkesbury-612-hawkesbury
Interested?
Contact us for more information
Eric Longpre
Salesperson
www.buyorsellinottawa.com/
238 Argyle Ave
Ottawa, Ontario K2P 1B9
(613) 422-2055
(613) 721-5556
www.remaxabsolute.com/
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July 10 2026 02:23:54
Ottawa Real Estate Board
RE/MAX Absolute Realty Inc.