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This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence.
City: Huron-Kinloss
Purchase Price | $3499000 |
Down Payment | $699800 |
Mortgage Insurance | $0 |
Total Mortgage | $2799200 |
Mortgage Payment | $17249 |
Property Taxes | $2979 |
Maintenance Fees | $0 |
Monthly Payment | $20228 |
Located at 412 Ross St , this Huron-Kinloss house is available for sale. This property was listed for $3,499,000 on Fri Apr 25 2025. This house's size is < 700 Sqft. It has 36 bedrooms and 20 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 20 parking spots.
MLS#: X12105717 · $3,499,000 · 36 bedroom house in Huron-Kinloss