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TERRAMASTER F4-424 Pro 4-Bay NAS — Core i3-N305, 32GB DDR5, Dual 2.5GbE! $959.99 CAD (20% Off)
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Amazon.ca has the TERRAMASTER F4-424 Pro 4-bay NAS (diskless) for $959.99 CAD, down from $1,199.99 — 20% off, $240 less. Prime members ship free; otherwise orders over $35 CAD ship free.
The pitch here is simple: the hardware is fully specced, and you decide which OS to run on it. A Core i3-N305 with 8 cores and 8 threads boosting to 3.8GHz, 32GB of DDR5-4800 (socketed, but officially non-upgradable), dual 2.5GbE ports that link-aggregate to 5Gb, and two M.2 NVMe slots for SSD caching.

That's a high tier for a 4-bay. TerraMaster claims a 150% performance jump over the previous generation, with app load times twice as fast, file and photo retrieval up 45%, database response up 55%. The measured figure is 283 MB/s linear transfer with four 18TB drives in RAID 0 — at which point the drives, not the box, are the bottleneck. Plex transcoding, a handful of Docker containers and a couple of VMs all fit comfortably in 8 cores and 32GB.
The part worth being honest about is the software. The stock TOS gets lukewarm reviews; plenty of owners install Unraid or OMV on day one and are happier for it. Community reports say Unraid runs with no hardware incompatibilities, and a UPS connected over USB is plug-and-play for monitoring and auto-shutdown. Also: someone managed to snap an M.2 retaining screw, so go easy on it. Noise-wise the chassis is quiet — it's the drives you'll hear, so pick NAS drives (IronWolf and similar) over high-performance enterprise units.

At $959.99 diskless, four bays plus 32GB DDR5 plus dual 2.5GbE lands well below a comparably specced turnkey NAS once you add your own drives. It suits someone willing to spend half an hour on the OS but who doesn't want to rebuild their hardware every couple of years.
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