403 Highland Drive, North Huron, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised fourplex located in the coveted neighborhood of Wingham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $824,900 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 144.51 x 129 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Air Exchanger
- Efficient radiant heating via gas
Description
Purpose-built in 1998, 403 Highland Drive in Wingham presents a rare offering, a well-designed fourplex in a sought-after residential location. This raised brick bungalow was constructed with long-term durability and functionality in mind, featuring four self-contained units that balance comfort, privacy, and practicality. Each spacious unit includes two bedrooms and a full 4-piece bathroom, along with private in-suite laundry for everyday convenience. Large windows allow for plenty of natural light, while the raised bungalow layout ensures bright and welcoming interiors throughout. Each unit also features a private deck or patio, providing an ideal spot for outdoor relaxation or quiet enjoyment. Built with efficiency and independence in mind, each apartment is individually metered for hydro, giving tenants control over their own electricity usage. Heating is provided through an efficient radiant hot water system powered by natural gas and shared among the units. Outside, the asphalt parking area offers eight dedicated spaces-two per unit-adding ease and accessibility for residents and guests alike. With three of the four units currently vacant, the property provides investors with exceptional flexibility to select tenants and set rents according to current market conditions. This blend of established quality and income potential makes 403 Highland Drive a strong addition to any investment portfolio. Ideally located near Wingham's hospital, schools, parks, and everyday amenities, the property offers the convenience and community connection that attract long-term tenants. Solid construction, thoughtful design, and a proven rental layout make this fourplex an outstanding turnkey opportunity in a family-friendly neighbourhood, ready to deliver stable income for years to come.
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Property Summary
This fourplex located at 403 Highland Drive, North Huron is currently for sale and has been available on SousaSells for 255 days. This property is listed at $824,900 with an estimated mortgage of $2,746* per month. It has 8 beds, 4 bathrooms, and is 2000-2500 square feet. 403 Highland Drive, North Huron is in the Wingham neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 403 Highland Drive, North Huron, ON N0G 2W0
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 North Huron, ON
For a property listed at $824,900 in North Huron, the legal minimum down payment is $57,490 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 $12,973 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 $12,973.
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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.