March 25, 2024
- 10 min read
103 Patrick Street North Huron, Ontario N0G 2W0
$550,000
4 Bedroom
4 Bathroom
2,000 - 2,500 ft2
Window Air Conditioner
Baseboard Heaters
Rare Fourplex Investment Opportunity in the Heart of Wingham. Discover a standout income-generating property in the charming town of Wingham. This legal fourplex offers tremendous value for investors or those looking to live in one unit while renting the others. Set on a generous 82.5 x 99 ft corner lot at Francis and Patrick Streets, this well-maintained multi-family residence delivers both functionality and long-term upside in a growing community. Spanning approximately 2270 sq ft, the building is fully tenanted and features four self-contained 1-bedroom units, each with its own kitchen, bathroom, and separate heating controls, an ideal setup for minimizing landlord overhead and attracting stable rental income. All four bathrooms are neatly laid out, with compact and efficient design, while the stone foundation and vinyl siding exterior ensure a low-maintenance envelope. Each unit includes major appliances: refrigerator and stove, along with municipal water, sanitary sewer, and separately metered electric baseboard heating, and access to the coin-operated laundry room. A walk-up basement in one unit offers additional utility and storage potential. The on-site parking spaces provide convenience for tenants and visitors alike, a notable advantage in multi-unit residential properties. Zoned R2, this corner-lot property also offers redevelopment or expansion potential (buyer to verify with township). With easy access to local amenities, schools, and downtown Wingham shopping & dining, it's an attractive location for renters seeking quiet living in a walkable community. Whether you're expanding your portfolio or making your first foray into multi-residential real estate, this turnkey fourplex is a must-see. Solid structure, strong rental demand, and a spacious lot make it a winning combination for smart investors. (id:36109)
Property Details
| MLS® Number | X12251122 |
| Property Type | Multi-family |
| Community Name | Wingham |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Walk-up |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft |
| Size Frontage | 82 Ft ,6 In |
| Size Irregular | 82.5 X 99 Ft |
| Size Total Text | 82.5 X 99 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Second Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Second Level | Bathroom | 1.5 m | 1.2 m | 1.5 m x 1.2 m |
| Second Level | Bathroom | 1.5 m | 1.2 m | 1.5 m x 1.2 m |
| Second Level | Laundry Room | 3 m | 2 m | 3 m x 2 m |
| Ground Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Ground Level | Bedroom | 3 m | 3 m | 3 m x 3 m |
| Ground Level | Bathroom | 1.5 m | 1.2 m | 1.5 m x 1.2 m |
| Ground Level | Bathroom | 1.5 m | 1.2 m | 1.5 m x 1.2 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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103 Patrick Street
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Royal LePage Heartland Realty
June 27 2025 11:30:38
