226 Railway Street, Bonfield, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey fourplex located in the coveted neighborhood of Bonfield. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $375,000 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.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 159.6 x 136.13 ft lot
- Features a unfinished, separate entrance, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (8.0 total parking spaces)
- Notable attributes: Sewage Pump, Water Heater Owned, Water Treatment
- Efficient baseboard heating via electric
Description
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!
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Property Summary
This fourplex located at 226 Railway Street, Bonfield is currently for sale and has been available for 0 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 7 beds, 4 bathrooms, and is 2500-3000 square feet. 226 Railway Street, Bonfield is in the Bonfield neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Bonfield, Bonfield.
- •7 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bonfield, Bonfield.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Sewage Pump
- Water Heater Owned
- Water Treatment
Security Features
- None
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Bonfield?
If you are looking for a house in Bonfield or researching Bonfield real estate for sale, this 7-bedroom fourplex at 226 Railway Street, Bonfield, ON offers an exceptional opportunity to buy a home in Bonfield, Ontario. Whether you are a first-time Bonfield home buyer or comparing active Bonfield MLS® homes for sale, working with a dedicated Bonfield buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Bonfield realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Bonfield Buyer Budget & Costs
Estimated mortgage: $1,248*/month*. Estimated Ontario Land Transfer Tax: $4,100. First-time Bonfield home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Bonfield
Frequently Asked Questions about 226 Railway Street, Bonfield, ON
Q.What is the asking price for 226 Railway Street, Bonfield, ON ?
The current listing price for 226 Railway Street, Bonfield, ON in Bonfield, Bonfield is $375,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 226 Railway Street, Bonfield, ON ?
226 Railway Street, Bonfield, ON is a Fourplex (1 1/2 Storey) featuring a Unfinished, Separate Entrance, Partial Basement basement.
Q.What interior features are included in this home?
Interior highlights include: Sewage Pump, Water Heater Owned, Water Treatment.
Q.What security features are installed at 226 Railway Street, Bonfield, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Bonfield, Bonfield
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 226 Railway Street, Bonfield, ON P0H 1E0
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 Bonfield, ON
For a property listed at $375,000 in Bonfield, the legal minimum down payment is $18,750 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 $4,100 for this transaction. As this listing is in Bonfield (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,100.
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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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