This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).
Single-familyProperty Type
4 spacesParking
Source:TREB #X9284705
Market trends in West Ferris, ON
Last updated October 2026
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Provided by Redfin
Sale history for 483 1st Ave E
Date
Event
Price
TREB #X9284705
Nov 28, 2024
Delisted
—
Nov 1, 2024
Listed
$425,000
Nov 1, 2024
Delisted
—
Aug 30, 2024
Listed
$425,000
+1
This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Nipissing District
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
Choice and nearby schools may not serve this home. Please check the school district website to see all schools serving this home.
0.8km
École Séparée Saint-Vincent
Public, JK-6 • Nearby
1.1km
École Secondaire Cochrane
Public, 9-12 • Nearby
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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