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$ 610,000
Est. payment | /mo
5 Beds
2 Baths
$ 610,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision South Bruce Peninsula
MLS Listing ID X13701400
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,850
Tax Year 2025
Property Sub-Type Duplex
Property Description
Investment Opportunity in Wiarton. Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a 3-bedroom unit, offering flexibility for investors or those looking to live in one unit while generating rental income from the other. The lower unit was renovated approximately 10 years ago and provides a comfortable living space for tenants. With tenants responsible for their own heat and hydro, this property offers an attractive setup for a landlord looking to keep operating costs manageable. Adding even more potential, the property is zoned to allow for additional units at the rear, providing an exciting opportunity to explore future development and increase the property's income potential, subject to municipal approvals. Located within easy reach of downtown Wiarton, Bluewater Park, Colpoys Bay, shopping, restaurants, and local amenities, this is a property with both immediate rental appeal and long-term potential. A versatile investment in a desirable Wiarton location-with income already in place and room to grow.
Location
Province ON
County Bruce
Area Bruce
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
View Bay
Roof Type Asphalt Shingle
Lot Frontage 103.0
Lot Depth 180.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by Sutton-Sound Realty
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