For Sale

146-148 Frances Street, North Huron, Ontario N0G 2W0

$419,000

146-148 Frances Street, North Huron, Ontario N0G 2W0 is For Sale and has a listing price of 419,000. The property is located in the North Huron neighbourhood . It's been on the website for 46 Days.

  • Fourplex
    Property Type
  • 7
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12318925
  • Office Name Royal LePage RCR Realty
Property Description

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. A great opportunity to break into the rental market with a turnkey property and reliable income at approx 6.7% rate of return.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12318925
  • Price: $419,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 120
  • Ref ID: X12318925
  • Approx Sqft: 3000-3500
  • Dir / Cross St: Frances St & Victoria St W
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
08/01/2025 X12318925 $419,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
North Huron
  • $718,102 Average List Price
    based on 1 year
  • 35 New Listings
    based on 30 days
  • 101 Median Days on Market
    based on 1 year
  • List vs. Selling Price 154.47 % Up
  • Sold (12mo) 46
  • Rented (12mo) 0

  • 1 Month Change -6.0%
  • 3 Month Change -16.2%
  • 6 Month Change -18.9%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Aluminum Siding, Concrete Block
  • Kitchen 4
  • Fireplace Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $5,136
  • Last Status New
  • Original Price: $419,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 01/08/2025 12:17:55
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