$749,900
For sale: Multiplex

ATTENTION INVESTORS! Opportunity knocks in the heart of Palmerston with this substantial 4-unit property offering 3,340 sq. ft. of above-grade living space and four self-contained units under one roof. Whether you're looking to expand an existing portfolio or make your move into multi-residential investing, 213 Main Street E offers the diversification and income potential investors look for without having to purchase multiple properties. Each unit features a functional layout designed for everyday living, while four on-site parking spaces - one for each unit - plus individual storage lockers add valuable tenant conveniences. The property is ideally located close to downtown Palmerston amenities, schools, shopping and the Palmerston & District Hospital, helping support long-term tenant appeal. Behind the stucco exterior is a full brick exterior with added foam insulation. With four rental units, municipal services and MU2 zoning, this is a compelling opportunity to secure a multi-residential asset in a growing Southwestern Ontario community. Add it to your portfolio and let four doors work for you!
Sold data
Homes in Minto took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 75, across 112 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $549,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 112 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$749,000
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