208 Josephine Street, North Huron (Wingham) - Retail for Sale

208 Josephine Street, North Huron (Wingham), Ontario, N0G2W0

5,576 sq ft (0.12 ac) lot sizeListed 12 days ago

Overview

This retail property in North Huron is for sale. It has been on the market 12 days, fresher than the North Huron average of 52 days.

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Description

Great investment property! Features a 3,000 square foot commercial retail store unit and 2,300 square foot 3 bedroom apartment, both fully leased and recently updated. Excellent opportunity for investors seeking solid rental income. For detailed income and expense information, please contact the listing agent. Seller requests this property to be sold together with 206 Josephine Street, Wingham (id:66096)

Property Details

MLS®: X14111446
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: C4
Lot Size: 5,576 sq ft (0.12 ac)
Frontage: 33 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,194.41/yr
Listed: 12 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

North Huron (Wingham) listings, avg age

52d

List price

$495K

Homes here sell slower than most markets

Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This retail in North Huron (Wingham) has been listed for 12 days, which is 40 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX Land Exchange Ltd · RENATE SIEBER-SCHLEGEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $495,000, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$495,000

For sale

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Financing

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