Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $78,623, Net Income before mortgage ( expenses: tax, gas, hydro, vacancy, maintenance, management, water, insurance) is $54,708 leaving a solid 8.05% Cap rate. Unit 1 is currently vacant and on the market to rent.
8 bedrooms, 4 bathrooms, about 3,000 sq ft, works out to roughly $219 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 26 Spring St
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
8 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Fourplex
26 Spring St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14081352$657,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 26 Spring St Compares to the West Nipissing 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
$3,232
/mo
based on the purchase price of $657,900
$131,580 cash
$526,320 financed
$443,300 total interest
Principal54%$526,320
Interest46%$443,300
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.
For homeowners nearby
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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.
Keep looking near 26 Spring St
Market pulse · West Nipissing
Median sold price$414,500Last 90 days
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio97.9%On average, homes sold below asking.
Active listings175Homes for sale here right now.
Median vs prior 90 days+4.3%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 90 sales from Jul 17 – Oct 15, 2026 (56 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 26 Spring St
How much is 26 Spring St listed for?
26 Spring St is listed at $657,900 (MLS® X14081352). Summitly updates the price as soon as the MLS® record changes.
Is $657,900 a good price for 26 Spring St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in West Nipissing. 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 26 Spring St changed?
No — 26 Spring St is still listed at its original asking price of $657,900.
How many bedrooms and bathrooms does 26 Spring St have?
26 Spring St has 8 bedrooms and 4 bathrooms, with about 3,000–3,500 square feet of living space. It is a fourplex in West Nipissing.
How much would the monthly mortgage be on 26 Spring St?
About $3,232 a month — principal and interest on $657,900 with 20% down ($131,580), 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 26 Spring St compare with other homes in West Nipissing?
Its asking price of $657,900 is about 59% above the median sold price in West Nipissing over the last 90 days, $414,500, across 90 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 26 Spring St been sold before?
Summitly has no earlier MLS® sale or lease of 26 Spring St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 26 Spring St?
26 Spring St is in West Nipissing, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 26 Spring St been on the market?
26 Spring St was listed today (October 15, 2026).
What is the price per square foot of 26 Spring St?
About $188 to $219 per square foot: the asking price of $657,900 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 26 Spring St have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 26 Spring St have a basement, and is it finished?
