65 Princess Street, Central Huron, ON
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Central Huron. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 24 Bedrooms and 12 Bathrooms with 12 functional kitchens
- Generous living space spanning < 700 sqft on a premium 86 x 129 ft lot
- 15.0 total parking spaces available
- Notable attributes: Other
- Efficient baseboard heating via other
Description
12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available.
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Property Summary
This multiplex located at 65 Princess Street, Central Huron is currently for sale and has been available on SousaSells for 447 days. This property is listed at $1,999,000 with an estimated mortgage of $6,654* per month. It has 24 beds, 12 bathrooms, and is < 700 square feet. 65 Princess Street, Central Huron
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 65 Princess Street W, Central Huron, ON N0M 1L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Central Huron, ON
For a property listed at $1,999,000 in Central Huron, the legal minimum down payment is $399,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,455 for this transaction. As this listing is in Central Huron (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.