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$479,900
Bluewater
103 King Street, Bluewater (Hensall), Ontario, N0M1X0
This multi-family property in Bluewater is for sale offering roughly 1,867 sq ft of space.
A turnkey investment opportunity in the heart ofHensall, this updated triplex offers strong cash flow, low operating costs, and the peace of mind that comes with extensive improvements. All three residential units have been updated, with the most recent renovation of Unit B completed in 2024. Since 2019, the property has seen significant upgrades, including new windows and doors throughout, as well as updated electrical and plumbing systems, making it an exceptionally low-maintenance addition to any portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the rental market for the first time, this property is well-positioned to deliver reliable returns. It also presents a fantastic opportunity for owner-occupiers to live in one unit while the rental income from the others helps offset mortgage costs. Contact directly for the current rent roll and additional financial information. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 86 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 72 days on the market over the past year, against a median of 48 days across the markets we publish.
This multi-family in Bluewater (Hensall) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $479,900, about 5.3× the local median household income of $91,000.
Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
