A Sterling Offering in Town of Noelville! Come discover the benefits of owning a Revenue Property! Those of you who are waiting to achieve financial freedom, then this is a means to get there. At $499,000 we offer a great, solid 4 unit building in a much sought-after neighborhood. Our property offers 3 - 2 Bedroom units & 1- 3 Bedroom unit. There are laundry facilities for extra income. The lot is great and provides parking for the tenants. This site has a new vinyl exterior with many recent renovations. Heated with electric baseboards - a maintenance free offering! **All Inclusive Rents: Heat, Hydro, Water. Centrally located in my French Rivera! A bedroom community of Sudbury. Walking distance to all amenities! This is an opportunity for an investor.*Shown By Appointment Only - Minimum 24 Hour Notice.
9 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $250 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 23 St. David St N
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
6 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Full
Lot & land
Lot size (sqft)
6095
Listing & possession
Property style
2-Storey
Property class
Fourplex
23 St. David St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12460851$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 23 St. David St N Compares to the French River Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in French River
Other 8-bed homes for sale in French River around $499K.
Average days on market139Homes sold in about 139 days on average.
Sale-to-list ratio93.0%On average, homes sold below asking.
Active listings31Homes for sale here right now.
Median vs prior 90 days−24.5%Compared with May 10 – Aug 8, 2026: prices down.
Based on 9 sales from Aug 8 – Nov 6, 2026 (6 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 23 St. David St N
How much is 23 St. David St N listed for?
23 St. David St N is listed at $499,000 (MLS® X12460851). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 23 St. David St N?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in French River. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 23 St. David St N changed?
No — 23 St. David St N is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 23 St. David St N have?
23 St. David St N has 9 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a fourplex in French River.
How much would the monthly mortgage be on 23 St. David St N?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 23 St. David St N compare with other homes in French River?
Its asking price of $499,000 is about 30% above the median sold price in French River over the last 90 days, $385,000, across 9 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 23 St. David St N been sold before?
Summitly has no earlier MLS® sale or lease of 23 St. David St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 23 St. David St N?
23 St. David St N is in French River, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 23 St. David St N been on the market?
392 days — 23 St. David St N was listed on October 10, 2025.
What is the price per square foot of 23 St. David St N?
About $200 to $250 per square foot: the asking price of $499,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 23 St. David St N have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 23 St. David St N have a basement, and is it finished?