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. Professional photos and floor plans will be provided shortly.
Property Highlights
For Sale
MLS NO.
S13618058
Type
Commercial
Sub Type
Store W Apt/Office
Bathrooms
7
Complete Property Details
Property Type
Commercial
Sub Type
Store W Apt/Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
S13618058
Total Bathrooms
7
Security Features
No
Lot Width
84.0
Lot Size Units
SquareFeet
Garage Type
None
Cooling
No
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
770 Fourth Avenue, Tay, ON L0K 1R0
City
Tay
Neighbourhood
Port McNicoll
County / Region
Simcoe
Province / State
ON
Postal Code
L0K 1R0
Cross Street
Talbot / 4th Ave
Directions
Talbot to 4th Ave
Country
CA
List Price
$3,488,000
Annual Taxes
$6,822
Tax Year
2026
Possession Type
Flexible
Possession Details
tbd
Listing Office
RIGHT AT HOME REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-07-29T18:21:56Z
Media Updated
2026-07-29T18:21:56Z
Photos Updated
2026-07-29T18:21:56Z
Last Modified
2026-07-30T03:22:02Z
System Modified
2026-07-30T03:22:02.199302Z
MLS Status
New
Basement Yn
No
Ddfyn
Yes
Expiration Date
2027-01-20
Heat Type Multi
Baseboard, Electric Hot Water
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
584810328
Public Remarks
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. Professional photos and floor plans will be provided shortly.