315 Centre Street, North Huron, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of Wingham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,000 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.
- 7 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 93.73 x 120.07 ft lot
- Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter, Storage, Water Heater Owned
- Efficient baseboard heating via electric
Description
8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval.
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Property Summary
This multiplex located at 315 Centre Street, North Huron is currently for sale and has been available on SousaSells for 66 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 7 beds, 6 bathrooms, and is 3500-5000 square feet. 315 Centre Street, North Huron is in the Wingham neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Wingham, North Huron.
- •7 spacious bedroom layout offering versatile living space
- •6 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Wingham, North Huron.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Library
- Park
- School
Interior Features
- Separate Hydro Meter
- Storage
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 315 Centre Street, North Huron, ON
Q.What is the asking price for 315 Centre Street, North Huron, ON ?
The current listing price for 315 Centre Street, North Huron, ON in Wingham, North Huron is $749,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 315 Centre Street, North Huron, ON ?
315 Centre Street, North Huron, ON is a Multiplex (2 1/2 Storey) featuring a Unfinished, Separate Entrance basement.
Q.What key property features does 315 Centre Street, North Huron, ON offer?
Key property features include: Library, Park, School.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Storage, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Data-driven valuation for 315 Centre Street, North Huron, ON N0G 2W0
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About Purchasing a Home in North Huron, ON
For a property listed at $749,000 in North Huron, the legal minimum down payment is $49,900 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 $11,455 for this transaction. As this listing is in North Huron (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,455.
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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.