North Huron (Wingham) ON, N0G 2W0
Property Information:
Affordable investment opportunity in the heart of Wingham! This well-maintained fourplex is located on a quiet, desirable street and offers a solid tenant base. The property includes two one-bedroom units, one two-bedroom unit, and one three-bedroom uniteach with its own appliance package and separately metered utilities. Current rents generate a total of $3,074.25 per month, with tenants responsible for their own heat and hydro.The building features a newer steel roof, a spacious backyard, ample on-site parking, and updated furnaces in units 146 #2 (2016), 148 #1 (2016) and 148 #2 (2017), no rental items, two updated water heaters (2024 and 2025). Wingham is a charming community with a full range of amenities and is just a short drive from the beautiful shores of Lake Huron. All tenants are currently on month-to-month leases, offering flexibility for those looking to live in one unit or adjust the rental strategy. The tenant in the one bedroom is leaving December 6. A great opportunity to break into the rental market with a turnkey property with an excellent rate of return. (id:27)
Building Features:
- Style: Multiplex
- Building Type: Fourplex
- Air Conditioning: Yes
- Amenities: Separate Heating Controls
- Basement Development: Unfinished
- Basement Type: N/A
- Exterior Finish: Aluminum siding, Concrete Block, Aluminum siding
- Fireplace: Yes
- Floor Space: 3000 - 3500 sqft
- Foundation Type: Poured Concrete
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: Wall unit
- Appliances: Dryer, Stove, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 7
- Bathrooms: 4
- Floor Space (approx): 3000 - 3500 Square Feet
- Irregular: Yes
- Lot Depth: 120.0 Feet
- Lot Frontage: 66.0 Feet
- Lot Size: 66 x 120 FT
- Zoning: R2
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 6
Rooms:
- Kitchen 2nd Level 3.42 m x 2.66 m 11.22 ft x 8.73 ft
- Living 2nd Level 5.18 m x 3.40 m 16.99 ft x 11.15 ft
- Bedroom 2nd Level 3.53 m x 2.79 m 11.58 ft x 9.15 ft
- Bathroom 2nd Level 2.51 m x 1.57 m 8.23 ft x 5.15 ft
- Laundry 2nd Level 1.47 m x 0.78 m 4.82 ft x 2.56 ft
- Bedroom 2nd Level 5.18 m x 3.40 m 16.99 ft x 11.15 ft
- Bedroom 2nd Level 3.55 m x 2.74 m 11.65 ft x 8.99 ft
- Bedroom 2nd Level 3.37 m x 2.66 m 11.06 ft x 8.73 ft
- Bathroom 2nd Level 2.54 m x 1.65 m 8.33 ft x 5.41 ft
- Bedroom Lower Level 3.32 m x 3.25 m 10.89 ft x 10.66 ft
- Living Lower Level 5.61 m x 3.63 m 18.41 ft x 11.91 ft
- Kitchen Main Level 3.55 m x 3.20 m 11.65 ft x 10.50 ft
- Kitchen Main Level 3.53 m x 2.92 m 11.58 ft x 9.58 ft
- Living Main Level 7.79 m x 3.40 m 25.56 ft x 11.15 ft
- Living Main Level 5.18 m x 3.45 m 16.99 ft x 11.32 ft
- Bedroom Main Level 4.11 m x 3.32 m 13.48 ft x 10.89 ft
- Bathroom Main Level 1.95 m x 1.47 m 6.40 ft x 4.82 ft
- Bedroom Main Level 3.22 m x 2.87 m 10.56 ft x 9.42 ft
- Bathroom Main Level 3.50 m x 1.14 m 11.48 ft x 3.74 ft
- Kitchen Main Level 6.17 m x 4.26 m 20.24 ft x 13.98 ft
- Bathroom Main Level 2.87 m x 1.49 m 9.42 ft x 4.89 ft
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⚠ Potential Investment Performance
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Market Price Trends
Location of 146-148 FRANCES STREET, North Huron (Wingham), Ontario, N0G 2W0
Demographic Information of 146-148 FRANCES STREET, North Huron (Wingham), Ontario, N0G 2W0
Life Stage
Older Parents, Younger KidsEmployment Type
Blue Collar/PrimaryAverage Household Income
$113,421.89Average Number of Children
1.75Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
24.47 %High school certificate or equivalent
39.02 %Apprenticeship trade certificate/diploma
8.06 %College/non-university certificate
21.94 %University certificate (below bachelor)
0.76 %University Degree
5.75 %Commuter
Travel To Work
By Car
78.86 %By Public Transit
0.0 %By Walking
15.11 %By Bicycle
0.01 %By Other Methods
6.02 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
25.25 %Houses
74.75 %