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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

2 Baths

Save

Est. payment | -/mo

Save

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

Zoning R4-30-2016

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features None

Cooling Central Air

Inclusions Fridge X 2, Stove X 2, Washer X 2, Dryer X 2

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

Senior Community No

ParcelsYN No

Listed by Sutton-Sound Realty

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

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623 Frank ST South Bruce Peninsula, ON N0H 2T0