Full of charm, character, and investment potential, this solid red brick 2.5-storey home offers over 2,000 square feet of living space and is currently tenanted and operating as a duplex, with two separate living areas. The main floor features a spacious living room, full kitchen, and a bedroom or office space. Upstairs, you'll find three additional bedrooms, a 3-piece bathroom, and a second kitchen, providing a separate living space. The finished attic/loft offers additional flexibility for storage, a home office, bedrooms or creative space. With two separate entrances and a layout suited to multi-unit living, this property presents an excellent opportunity for investors looking to add to their portfolio. Outside, enjoy a private backyard, large deck, classic covered front porch, and driveway parking for up to three vehicles. Located in a mature neighbourhood close to schools, shopping, public transit, and downtown amenities, this property combines timeless character with the potential of an income-generating investment.
About this home
Photos of 516 4th Avenue E
Facts and features of 516 4th Avenue E
| Type | Duplex |
|---|---|
| Style | 2 1/2 Storey |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Size | 2000-2500 sq ft |
| Lot | 35 x 103 Feet |
| Parking | 3 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air, Wall Unit(s) |
| Basement | Apartment, Separate Entrance |
| Exterior | Brick |
| Age | 100+ |
| Taxes | $3,964 (2025) |
| Days on market | 7 |
| Listing brokerage | RE/MAX Grey Bruce Realty Inc. |
Rooms
17 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Dining Room | Second | 11′ 6″ × 7′ 9″ 3.51 × 2.37 m | |
| Bathroom | Main | 5′ 5″ × 7′ 5″ 1.65 × 2.26 m | |
| Bedroom | Main | 12′ 8″ × 11′ 8″ 3.85 × 3.56 m | |
| Foyer | Main | 8′ 1″ × 7′ 4″ 2.46 × 2.23 m | |
| Living Room | Main | 14′ 4″ × 16′ 8″ 4.38 × 5.07 m | |
| Study | Main | 7′ 7″ × 7′ 5″ 2.31 × 2.26 m | |
| Living Room | Second | 12′ 7″ × 9′ 10″ 3.83 × 3.0 m | |
| Bedroom | Third | 16′ 3″ × 10′ 6″ 4.95 × 3.21 m | |
| Bedroom | Second | 8′ 11″ × 15′ 0″ 2.71 × 4.56 m | |
| Other | Main | 8′ 7″ × 5′ 9″ 2.62 × 1.76 m | |
| Bedroom | Third | 19′ 8″ × 10′ 10″ 5.99 × 3.29 m | |
| Kitchen | Main | 12′ 7″ × 11′ 0″ 3.83 × 3.36 m | |
| Other | Basement | 27′ 5″ × 22′ 11″ 8.36 × 6.98 m | Unfinished |
| Bathroom | Second | 6′ 2″ × 10′ 6″ 1.89 × 3.19 m | 2 Pc Bath |
| Kitchen | Main | 12′ 8″ × 10′ 9″ 3.85 × 3.27 m | |
| Bathroom | Second | 6′ 2″ × 5′ 5″ 1.87 × 1.66 m | 2 Pc Bath |
| Kitchen | Second | 9′ 4″ × 11′ 5″ 2.85 × 3.48 m |
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516 4th Avenue E
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516 4th Avenue E
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MLS® X14111342 Data source: PropTx Listed October 23, 2026