$745,000
For sale: Multiplex

Newly renovated stunning investment property. This Charming Six-Plex Building located in the town of Wingham in North Huron of Ontario would be a dream come through for you. Unique with it's architecture and friendly residents, numerous local businesses and shops around town. With Five of the units fully renovated, this property features Two-1 Bedroom, Three 2-Bedrooms & One 3-Bedroom. A great income and cashflow for an investor. Separate Hydro meter for each unit. Face lift of the building front. Coin Laundry onsite for additional revenue.
Sold data
Homes in Wingham took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 85, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $479,450.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 46 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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