770 Fourth Avenue, Tay, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Port McNicoll. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,488,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 7 Bathrooms
- Premium 84 x 126 ft lot size
- equipped with no central cooling and highly efficient baseboard heating
Description
Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor (2 currently vacant for immediate rental upside) and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established Anchor Post Office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with LED lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the Post Office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby Pride Point, Awenda Provincial Park, and Port McNicoll Pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, Anchor Post Office lease details, Profit & Loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials, immediate upside through two vacant units, and excellent long-term investment potential with a Perpetual Lease.
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Property Summary
This store w apt/office located at 770 Fourth Avenue, Tay is currently for sale and has been available on SousaSells for 42 days. This property is listed at $3,488,000 with an estimated mortgage of $11,610* per month. It has 0 beds, 7 bathrooms, and is unknown square feet. 770 Fourth Avenue, Tay is in the Port McNicoll neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Port McNicoll, Tay.
- •7 well-appointed bathrooms
- •Desirable Store W Apt/Office architecture in Port McNicoll, Tay
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 770 Fourth Avenue, Tay, ON
Q.What is the asking price for 770 Fourth Avenue, Tay, ON ?
The current listing price for 770 Fourth Avenue, Tay, ON in Port McNicoll, Tay is $3,488,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 7 bathrooms.
Q.What property type and architectural style is 770 Fourth Avenue, Tay, ON ?
770 Fourth Avenue, Tay, ON is a Store W Apt/Office () featuring a basement.
Q.What security features are installed at 770 Fourth Avenue, Tay, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Port McNicoll, Tay
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 770 Fourth Avenue, Tay, ON L0K 1R0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Tay, ON
For a property listed at $3,488,000 in Tay, the legal minimum down payment is $697,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $73,675 for this transaction. As this listing is in Tay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $73,675.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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