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$550,000
Available - For Sale
Listing ID: X12251122
103 PATRICK Stre , North Huron, N0G 2W0, Huron
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.
Price $550,000
Taxes: $4,425.94
Occupancy by: Tenant
Address: 103 PATRICK Stre , North Huron, N0G 2W0, Huron
Directions/Cross Streets: Josephine St north to Patrick - east on Patrick to corner of Francis/Patrick.
Rooms: 18
Bedrooms: 4
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Bedroom 9.84 9.84
Room 2: Second Bedroom 9.84 9.84
Room 3: Ground Bedroom 9.84 9.84
Room 4: Ground Bedroom 9.84 9.84
Room 5: Second Bathroom 4.92 3.94
Room 6: Second Bathroom 4.92 3.94
Room 7: Ground Bathroom 4.92 3.94
Room 8: Ground Bathroom 4.92 3.94
Room 9: Second Laundry 9.84 6.56
No. of Pieces Level
Washroom 1 4 Ground
Washroom 2 4 Second
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Ground
Washroom 7 4 Second
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Fourplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Heartland Realty

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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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