Advantage Group Real Estate
226 Railway Street • Bonfield, ON photo 1
226 Railway Street • Bonfield, ON photo 2
226 Railway Street • Bonfield, ON photo 3
226 Railway Street • Bonfield, ON photo 4
226 Railway Street • Bonfield, ON photo 5
226 Railway Street • Bonfield, ON photo 6
226 Railway Street • Bonfield, ON photo 7
226 Railway Street • Bonfield, ON photo 8
New1 / 8
$375,000
226 Railway Street • Bonfield, ONNew
Courtesy of Royal LePage Northern Life Realty, Brokerage
7
Bedrooms
4
Bathrooms
2500-3000
Square feet
8
Parking

About this home

Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses!

Property details

Property type
Fourplex
Style
1 1/2 Storey
Approx. age (yrs)
100+
Total rooms
15
Lot size
159.6 × 136.13 ft
Property taxes
$2,172.89 (2025)
Occupancy
Immediate if assuming the tenants
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Oct 19, 2026, 4:43 p.m. EDT via TRREB IDX.

First listed: Oct 19, 2026, 4:43 p.m. EDT.