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Royal LePage
Royal LePage
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$499,900

North Huron ON, N0G 2W0

MLS® # 40780856

Property Information:

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 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. Discover a fantastic investment in the heart of Wingham! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Vinyl siding
  • Floor Space: 1780 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Park, Schools, Shopping
  • Features: Laundry- Coin operated
  • Floor Space (approx): 1780 Square Feet
  • Lot Depth: 99.0 Feet
  • Lot Frontage: 82.0 Feet
  • Zoning: R2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 103 E PATRICK Street E, North Huron, Ontario, N0G 2W0

Demographic Information of 103 E PATRICK Street E, North Huron, Ontario, N0G 2W0

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

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