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Renanza Realty
For sale

623 FRANK STREET

South Bruce Peninsula, Ontario

MLS® X13701400

$595,900

Status
Active
Property type
Multi-family
MLS® number
X13701400
Bedrooms
5
Bathrooms
2
Year built

Listing 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.

Property summary

MLS® number
X13701400
Property type
Multi-family
Building type
Duplex
Land size
103 x 180 FT
Annual property taxes
$3,850.00
Parking
5 spaces · No Garage
Days on market
30 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, N/A
Appliances
Washer, Refrigerator, Water meter, Stove, Dryer
Exterior features
Aluminum siding

What would this home cost you?

Based on the $595,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,773 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sutton-Sound Realty, WIARTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.