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

For sale

22 days ago

$600K

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

5 bd5 ba8 pk4,250 ft²

Listed by RE/MAX Land Exchange Ltd

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

For sale

26 days ago

$745K

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

Investment analysis

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$499,000

North Huron

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$499,000

For sale

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

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

4 beds2 baths3 parking2,250 ft²46 × 132 ft (6,072 sq ft) lot sizeListed 72 days ago

Overview

This multi-family property in North Huron is for sale offering roughly 2,250 sq ft of space.

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

Description

Attention Buyers! Legal duplex fully renovated in 2022 offering over 2,100 sq ft of updated living space. This 1-3/4 storey property features modern upgrades throughout, including new electrical panels, HVAC systems, ductwork, appliances, flooring, ceilings, pot lights and more. The upper unit is vacant and ready for its next owner, creating a great opportunity to live in one unit while continuing to rent the lower unit to help offset monthly carrying costs. Each unit has its own private laundry, newly finished kitchen and bathroom, and separate living space. The lower unit is currently tenanted, providing existing rental income from day one. A practical option for buyers looking to enter the market, offset homeownership costs, or add a legal duplex to their long-term real estate plans. (id:66096)

Property Details

MLS®: X13705964
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 46 × 132 ft (6,072 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $2,067/yr
Listed: 72 days ago

Rooms

Main level

Mud room: 3.36 x 3.16 meters
Foyer: 1.21 x 0.82 meters
Kitchen: 4.54 x 3.95 meters
Bedroom 2: 3.89 x 3.67 meters
Living room: 5.93 x 3.51 meters
Primary Bedroom: 5.15 x 3.81 meters

Second level

Bedroom 3: 3.95 x 3.7 meters
Living room: 5.93 x 3.51 meters
Bedroom 4: 4.03 x 3.48 meters
Kitchen: 5.74 x 3.34 meters

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

Features

Appliances: Dryer, Two stoves, Two Washers, Water Heater, Two Refrigerators
Foundation: Stone
Exterior: Stone, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

North Huron (Wingham) listings, avg age

52d

Price / ft²

$222

List price

$499K

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 4-bed multi-family in North Huron (Wingham) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Century 21 Millennium Inc. · TREVOR EVANS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $499,000, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$499,000· $222/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$172/mo

Total monthly$2,800

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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