550-552 Mario Street, Hawkesbury — For Sale in Hawkesbury
8 bed · 4 bath · Fourplex for sale in Hawkesbury.
550-552 Mario Street, Hawkesbury, ON K6A 3V3
About This Property
Now for sale at 550-552 Mario Street in Hawkesbury: a 8-bedroom, 4-bathroom fourplex listed at $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.
Property Specifications
| MLS® Number | X13547724 |
|---|---|
| Status | For Sale |
| List Price | $594,900 |
| Property Type | Residential Freehold |
| Sub Type | Fourplex |
| Transaction Type | For Sale |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Parking | 4 spaces |
| Address | 550-552 Mario Street, Hawkesbury, ON K6A 3V3 |
| City | Hawkesbury |
| Postal Code | K6A 3V3 |
Listing Contracted With: RE/MAX ABSOLUTE REALTY INC.
