526 Alice Street, North Huron, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Wingham. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 49 x 82.42 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Currently set up as a two-unit property, this home offers excellent flexibility for investors, multigenerational living, or buyers looking for the opportunity to live in one space while generating rental income from the other. The property could also be converted back into a single-family home to suit your needs. The lower level features 2 bedrooms, a family room, a recently updated bathroom with laundry, and a cozy eat-in kitchen. The upper level offers 3 generously sized bedrooms, a family room, an updated bathroom, and a functional kitchen. Adding to the living space is a bright sunken sitting room just off the kitchen, with access to the backyard deck and a beautiful hot tub - the perfect place to relax or entertain. Outside, you'll find a good-sized fenced backyard, ideal for family enjoyment, pets, or outdoor gatherings. Conveniently located in the community of Wingham, this property is close to schools, parks, the downtown core, the hospital, and the recreation centre. Don't miss this versatile opportunity!
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Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 526 Alice Street, North Huron, ON N0G 2W0
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About Purchasing a Home in North Huron, ON
For a property listed at $525,000 in North Huron, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.