$399,900

For sale

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132 Queen Street, Central Huron (Clinton) - Multi-family for Sale

132 Queen Street, Central Huron (Clinton), Ontario, N0M1L0

4 beds2 baths4 parking ft²

190 Albert Street, Central Huron (Clinton), Ontario, N0M1L0

5 bd3 ba10 pk2,750 ft²Lot size 83 × 132 ft (10,890 sq ft)

Listed by Royal LePage Heartland Realty

Investment analysis

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$399,900

Central Huron

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Overview

This multi-family property in Central Huron is for sale offering roughly 1,750 sq ft of space. It has been on the market 76 days, fresher than the Central Huron average of 82 days.

Multi-Family Properties for Sale in Central Huron →All real estate in Central Huron →

Description

If you are looking for an affordable, detached duplex as an investment or an entry into the real estate market, this property offers an excellent opportunity. Situated on a large 88' x 139' lot, in a central location in Clinton, this Ontario cottage style dwelling has a 2 bedroom unit at the front, and a 2 bedroom unit at the back, both currently rented. Both units contain laundry facilities. (id:66096)

Property Details

MLS®: X13698046
Property Type: Multi-family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 89 × 132 ft (11,748 sq ft)
Frontage: 89 ft
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $2,054/yr
Listed: 76 days ago

Area context

Neighbourhood profile (N0M)

This home lists at $399,900, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 69,177
Median age: 46
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N0M)

$399,900· $229/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$171/mo

Total monthly$2,277

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

132 Queen Street, Central Huron (Clinton) - Multi-family for Sale

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