315 Centre Street
Wingham, North Huron, N0G 2W0
For Sale
8.04 BTC
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7
BEDROOMS 6
BATHROOMS 6
KITCHENS 21
ROOMS X13224924
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Property Description
8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval.
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Property Features
Library, Park, School, Separate Hydro Meter, Storage, Water Heater Owned, Private
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Property Details
Property Type
Multiplex
Lot Size
94' x 120'
Taxes
$4,758 (2025)
Basement
Unfinished, Separate Entrance
Exterior
Landscaped
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
Detached
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Listing contracted with Mysak Realty Inc.
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