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$ 3,400,000
Est. payment | /mo
0.32 Acres Lot
$ 3,400,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Exeter
MLS® Listing ID X12481207
Lot Size 0.318 Acres
Acres 0.318
Property Description
Situated in a prime central location in Exeter, this fully renovated 10 units with a management suite apartment building offers a turnkey investment opportunity in a thriving Southwestern Ontario community. The property features a mix of one and two bedroom units, each thoughtfully updated with modern finishes and functional layouts that appeal to today's tenants. With ample on-site parking, and updated mechanicals, this asset provides investors with a stable and efficient operation from day one. Within walking distance to downtown shops, restaurants, schools, and amenities, the building benefits from strong local rental demand and consistent occupancy. Exeter continues to attract both residents and businesses with its small-town charm, proximity to London, and convenient access to Lake Huron's beaches. Combining quality renovations, a desirable unit mix, and a prime in-town location, this property stands out as a secure, income-producing investment with long-term upside in a steadily expanding market. Exeter continues to demonstrate strong fundamentals. Its central location attracts both long-term residents and commuters working in nearby centres like London and Stratford, creating steady rental demand and low vacancy rates. The local economy is diversified, supported by agriculture, healthcare, education, and growing retail and service sectors. Infrastructure improvements and continued population growth across Huron County further contribute to long-term property appreciation. Exeter offers the rare combination of affordability, consistent returns, and community growth potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://lloydproductions.aryeo.com/videos/0199cbb2-cb97-70ba-ad7a-8a58c1f4e38d
Listed by SUTTON GROUP - SELECT REALTY
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