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Key Facts
Key facts for 407 Main Street E
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 9 parking
MLS #
X13860628
Size
5000+ sqft
Basement
Unfinished,Full
Listed on
2026-10-05
Lot size
127 x 194.0
Tax
$4,939 /yr
Days on Market
8
Approximate Age
-
Maintenance Fee
-
Description
A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with ...Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow. Rent roll and financial information available to qualified buyers.
Full Property Details
Interior
Bedrooms
9
Total Bedrooms
9
Washrooms
5
Square Footage
5000+ sqft
Basement
Unfinished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
5
Total Kitchens
5
Fireplace Features
Yes
Bedrooms
9
Total Bedrooms
9
Washrooms
5
Square Footage
5000+ sqft
Basement
Unfinished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
5
Total Kitchens
5
Fireplace Features
Yes
Exterior
Depth
194.0
Front
126.78
Driveway
Available,Lane,Other
Lot Size
127 x 194.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
None
Garage Spaces
0
Zoning
V
Depth
194.0
Front
126.78
Driveway
Available,Lane,Other
Lot Size
127 x 194.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
None
Garage Spaces
0
Zoning
V
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
South
Exterior Finish
Vinyl Siding
Sewers
Septic
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
South
Exterior Finish
Vinyl Siding
Sewers
Septic
Water Supply
Municipal
Possession Date
No Data
Community
Community
Springford
Community
Springford
Taxes & Fees
Taxes
$4,939 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$4,939 /yr
Tax Year
2025
Occupancy
Tenant
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