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$289,000
Wallaceburg
320 Lafontaine Street, Wallaceburg, Ontario, N8A4H9
This multi-family property in Wallaceburg is for sale. It has been on the market 71 days, fresher than the Wallaceburg average of 92 days.
Investment opportunity in the heart of Wallaceburg. Welcome to 320 Lafontaine Street, a vacant duplex offering excellent potential for investors or owner occupiers. This property features a spacious two-bedroom and a one-bedroom unit, providing flexibility for rental income. The home has been cosmetically updated- offering a clean & refreshed look, while leaving room for future value-add opportunities. With separate gas and hydro meters, tenants can enjoy independent utilities, helping simplify property management. Your tenants will have ample space for parking with the two separate driveways. Conveniently located just minutes from downtown Wallaceburg, schools, shopping, restaurants, parks, and other everyday amenities, this property combines location, functionality, and investment potential. A solid opportunity you won’t want to miss. Call today to book your showing! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 71 days on market, against an average age of 92 days across the listings currently for sale in this city
This multi-family in Wallaceburg has been listed for 71 days, which is 21 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $289,000, about 4.5× the local median household income of $64,500.
Carrying it typically needs a household income of about $56,452 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N8A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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