91 Division Street
Cramahe, ON
6 bath • 4,138 sqft • Investment • 225 days on market
FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
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Listing Details
- Taxes (2025)
- $3,196
- Listed
- January 15, 2026
Price History
Listing history
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Property
- Lot Size
- 78.3 x 198.21 Feet
Location & Legal
- Cross Street
- Earl St/Division St
- Zoning
- R2-3
- Parcel Number
- 511440150
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Vacant
Included
- Inclusions
- 3 x Fridge, 3 x Stove, 1 Dishwasher, Shed
- Exclusions
- Appliances In Unit 4 and all tenant belongings Unit 4 and Unit 2
- Rental Items
- N/A
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cramahe · last 12 months
- Median sold price
- $654,500
- Homes sold
- 104
- Median days on market
- 43
- Sale-to-list price
- 97.4%
Based on 104 recorded sales of commercial properties in Cramahe over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
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Location
Commercial figures
- Building area
- 4,138 sq ft
- Price per sq ft
- $211.45
- Annual property tax
- $3,196
- Tax per sq ft
- $0.77
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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