Remarks

Affordable investment opportunity in the heart of Wingham! This well-maintained fourplex is located on a quiet, desirable street and offers a solid tenant base. The property includes two one-bedroom units, one two-bedroom unit, and one three-bedroom uniteach with its own appliance package and separately metered utilities. Current rents generate a total of $3,074.25 per month, with tenants responsible for their own heat and hydro.The building features a newer steel roof, a spacious backyard, ample on-site parking, and updated furnaces in units 146 #2 (2016), 148 #1 (2016) and 148 #2 (2017), no rental items, two updated water heaters (2024 and 2025). Wingham is a charming community with a full range of amenities and is just a short drive from the beautiful shores of Lake Huron. All tenants are currently on month-to-month leases, offering flexibility for those looking to live in one unit or adjust the rental strategy. The tenant in the one bedroom is leaving December 6. A great opportunity to break into the rental market with a turnkey property with an excellent rate of return. (id:27)

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Rooms

  • Kitchen
    • Level: 2nd 3.42 m x 2.66 m
  • Living
    • Level: 2nd 5.18 m x 3.40 m
  • Bedroom
    • Level: 2nd 3.53 m x 2.79 m
  • Bathroom
    • Level: 2nd 2.51 m x 1.57 m
  • Laundry
    • Level: 2nd 1.47 m x 0.78 m
  • Bedroom
    • Level: 2nd 5.18 m x 3.40 m
  • Bedroom
    • Level: 2nd 3.55 m x 2.74 m
  • Bedroom
    • Level: 2nd 3.37 m x 2.66 m
  • Bathroom
    • Level: 2nd 2.54 m x 1.65 m
  • Bedroom
    • Level: Lower Level 3.32 m x 3.25 m
  • Living
    • Level: Lower Level 5.61 m x 3.63 m
  • Kitchen
    • Level: Main 3.55 m x 3.20 m
  • Kitchen
    • Level: Main 3.53 m x 2.92 m
  • Living
    • Level: Main 7.79 m x 3.40 m
  • Living
    • Level: Main 5.18 m x 3.45 m
  • Bedroom
    • Level: Main 4.11 m x 3.32 m
  • Bathroom
    • Level: Main 1.95 m x 1.47 m
  • Bedroom
    • Level: Main 3.22 m x 2.87 m
  • Bathroom
    • Level: Main 3.50 m x 1.14 m
  • Kitchen
    • Level: Main 6.17 m x 4.26 m
  • Bathroom
    • Level: Main 2.87 m x 1.49 m

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Area Map