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 separa...tely 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.
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Full Property Details
Interior
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
3000-3500 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
4
Total Kitchens
4
Fireplace Features
Yes
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
3000-3500 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
4
Total Kitchens
4
Fireplace Features
Yes
Exterior
Depth
120.0
Front
66.0
Lot Size
66 x 120.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
R2
Depth
120.0
Front
66.0
Lot Size
66 x 120.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
R2
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
West
Exterior Finish
Concrete Block,Aluminum Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
West
Exterior Finish
Concrete Block,Aluminum Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Wingham
Community
Wingham
Taxes & Fees
Taxes
$5,136 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,136 /yr
Tax Year
2025
Occupancy
Tenant
Jagtar Dhillon
Est. mortgage
$1,514/mo
Property Taxes
$5,136/yr
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