315 Centre Street, North Huron, ON

$949,000
MLS#:X12403570
8 beds
6 baths
3500-5000 sqft
8.0 parking
Residential Freehold
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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 $949,000 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.

  • 8 Bedrooms and 6 Bathrooms with 6 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 93 x 120 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

7.1% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located within walking distance to all amenities. This fantastic investment opportunity has lots of unrealized upside potential, Unit 4 has a sizeable, finished attic space not being used and is not leased to the current tenant, 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. Common areas are heated by gas.

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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 304 days. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 8 beds, 6 bathrooms, and is 3500-5000 square feet. 315 Centre Street, North Huron is in the Wingham neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
8
Bathrooms
6
Kitchens
6
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date9/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished, Separate Entrance
Lot Size93 × 120 Feet
CountyHuron
Annual Tax$4,594
Legal DescriptionPL 415 PTLT1 & 2 CORNER CENTRE & PATRICK ST

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Library, Park, School

Interior Features

Separate Hydro Meter, Storage, Water Heater Owned

Security Features

Community Features

Location

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315 Centre Street, North Huron, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 315 Centre Street, North Huron, ON N0G 2W0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Huron.

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Interest Rate4.00%
Down Payment$284,700 (30.0%)
* Minimum Canadian down payment required for this price is $69,900.
Amortization Period30 Years
Estimated Monthly Payment$3,159Based on a loan of $664,300 over 30 years.
Purchase Price$949,000
Loan Amount$664,300
Provincial Land Transfer Tax:$15,455
Total Estimated Closing Taxes:$15,455

About Purchasing a Home in North Huron, ON

For a property listed at $949,000 in North Huron, the legal minimum down payment is $69,900 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 $15,455 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 $15,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wingham, North Huron.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$535,826

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.