$1,449,000
For sale: Multiplex

Grand Bend Income/Investment property. One row back from Grand Bends North Beach. This one floor 3 unit Triplex is fully rented (long term tenants)and situated on a 120' lot. 2x2 bedroom units and 1x1 bedroom unit. Tenants pay hydro, Each unit has individual heat control. Shared coin laundry plus a lower level auxiliary suite for guests. Ideal location, Development potential.
Sold data
Homes in Grand Bend took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 85, across 78 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 86 days.
The median sale price was $891,078.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 78 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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