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$499,900

North Huron (Wingham) ON, N0G 2N0

MLS® # X12472908

Property Information:

Discover a fantastic investment in the heart of Wingham! This four-plex offers a stable, income-generating opportunity in a desirable Huron County community. Perfect for new and experienced investors looking to capitalize on the strong demand for quality rental properties in the area. Key Investment Highlights: Four Self-Contained Units. Each of the four units features a practical and tenant-friendly layout: 1 spacious bedroom, full bathroom, functional kitchen, comfortable living room. On-Site Laundry: A highly sought-after amenity providing convenience for all tenants and a reliable income stream. Dedicated Parking: Includes 4 outdoor parking spaces, ensuring hassle-free parking for all residents. Excellent Location: Situated in Wingham, known for its small-town charm, local amenities (hospital, shopping, schools, community complex), and strong community spirit. Wingham is part of the Municipality of North Huron, offering a blend of rural appeal and convenience. Turnkey Potential: A fantastic opportunity to secure a fully-rented and easily-rentable property with a proven history of demand. The Units: The 1-bedroom, 1-bathroom design of each unit appeals to a wide range of tenants, including singles, young couples, and retirees. With separate living, kitchen, and sleeping areas, the units offer comfort and privacy. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Window air conditioner
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 99 Feet
  • Lot Frontage: 82.5 Feet
  • Lot Size: 82.5 x 99 FT
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Living 2nd Level 4.13 m x 3.02 m
  • Kitchen 2nd Level 2.45 m x 2.50 m
  • Bedroom 2nd Level 2.46 m x 2.65 m
  • Bathroom 2nd Level 1.70 m x 3.44 m
  • Living 2nd Level 3.42 m x 3.37 m
  • Kitchen 2nd Level 3.42 m x 3.11 m
  • Bedroom 2nd Level 4.13 m x 2.57 m
  • Bathroom 2nd Level 1.45 m x 2.39 m
  • Bedroom Ground Level 3.92 m x 2.50 m
  • Bathroom Ground Level 1.92 m x 2.34 m
  • Foyer Ground Level 2.45 m x 5.61 m
  • Living Ground Level 4.80 m x 3.13 m
  • Kitchen Ground Level 2.05 m x 2.45 m
  • Bedroom Ground Level 3.37 m x 1.96 m
  • Bathroom Ground Level 1.53 m x 3.51 m
  • Living Ground Level 3.36 m x 3.11 m
  • Kitchen Ground Level 2.10 m x 3.51 m
  • Laundry In-between Level 1.50 m x 3.39 m

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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 103 PATRICK STREET E, North Huron (Wingham), Ontario, N0G 2N0

Demographic Information of 103 PATRICK STREET E, North Huron (Wingham), Ontario, N0G 2N0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$114,045.03

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.15 %

High school certificate or equivalent

37.63 %

Apprenticeship trade certificate/diploma

7.03 %

College/non-university certificate

24.65 %

University certificate (below bachelor)

0.25 %

University Degree

7.3 %

Commuter

Travel To Work

By Car

82.85 %

By Public Transit

0.0 %

By Walking

13.61 %

By Bicycle

0.86 %

By Other Methods

2.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.19 %

Houses

82.81 %

Own Vs. Rent