$599,900

For sale

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

11 bd6 ba10 pk4,250 ft²Lot size 60 × 150 ft (8,943 sq ft)

Listed by KELLER WILLIAMS REALTY CENTRES

276 Edward Street, North Huron (Wingham), Ontario, N0G2W0

For sale

72 days ago

$499K

276 Edward Street, North Huron (Wingham), Ontario, N0G2W0

4 bd2 ba3 pk2,250 ft²Lot size 46 × 132 ft (6,072 sq ft)

Listed by Century 21 Millennium Inc.

Investment analysis

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$599,900

North Huron

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Overview

This multi-family property in North Huron is for sale offering roughly 4,250 sq ft of space. It has been on the market 22 days, fresher than the North Huron average of 52 days.

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

Description

Fantastic Investment Opportunity in the Heart of Wingham! Looking to expand your investment portfolio? This fully rented triplex is a prime opportunity to own an income-generating property in a convenient location! Featuring three spacious units, each offering a fantastic layout with bright, clean, and inviting living spaces that tenants are sure to appreciate. The property also offers coin-operated laundry, ample parking, and plenty of outdoor space for tenants to enjoy. Conveniently located within walking distance to everything Wingham has to offer, including downtown shopping, restaurants, parks, schools, and other local amenities. Whether you're a seasoned investor or looking to get started in the rental market, this well-located triplex is an opportunity you won't want to miss! (id:66096)

Property Details

MLS®: X14013806
Property Type: Multi-family
Zoning: R2
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 5
Half Baths: 2
Parking: 8
Interior Size: 4,250 ft²
Frontage: 66 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Natural gas
Cooling: None
Garage: No Garage
Property Tax: $4,366/yr
Listed: 22 days ago

Rooms

Main level

Kitchen: 3.66 x 3.54 meters
Kitchen: 3.56 x 2.5 meters
Living room: 4.65 x 5.03 meters
Bedroom: 5.06 x 3.81 meters
Bathroom: 2.16 x 1.86 meters
Dining room: 5.03 x 4.12 meters
Living room: 6.33 x 4.34 meters
Bathroom: 2.34 x 1.32 meters
Living room: 6.33 x 4.34 meters
Bathroom: 2.36 x 1.04 meters

Second level

Bathroom: 2.5 x 2.36 meters
Bedroom: 3.25 x 2.9 meters
Bedroom: 3.35 x 2.57 meters
Loft: 4.42 x 3.79 meters
Bedroom: 3.35 x 2.62 meters
Bedroom: 3.66 x 3.41 meters
Bathroom: 2.34 x 2.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

22d

North Huron (Wingham) listings, avg age

52d

Price / ft²

$141

List price

$600K

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.

Area context

Neighbourhood profile (N0G)

This home lists at $599,900, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 41% 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)

$599,900· $141/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$364/mo

Total monthly$3,496

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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276 CENTRE Street, North Huron (Wingham) - Multi-family for Sale

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Neighbourhood profile (N0G)

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