598 GOULD STREET

Multi-family For Sale in Wiarton, Ontario

$799,900

Tremendous Income Opportunity! Located in the heart of Wiarton on the shores of Colpoys Bay. Stately 2 storey , red brick sitting on approx 0.5 acre, just 1 block from Main St with all the shoppes, dining and Water views over the bay. Completely Renovated top to bottom with an Ideal set up as a Retirement home, boarding house, multi family compound, institution (many other uses permitted). Feauturing 15 modern units on 2 floors, each floor has an oversized & accessible bathing room , w/roll in shower area, lounge areas w/fireplaces, Brand new stair lift, state of the art call bell system, fire prevention & monitoring. Endless possibilities here with a projected NET Income of approx $270,000/yr. This is a turn key operation with professional training in place for the right buyer. This is the ONLY Retirement Home in Wiarton currently. With a CAP Rate as high as 33 Percent, there aren't many comparable properties on the market in the country. Call your realtor today for details! (id:4069)

Address 598 GOULD STREET
List Price 799,900
Property Type Multi-family
Type of Dwelling Multi-Family
Style of Home Multi-Unit
Area Ontario
Sub-Area Wiarton
Floor Area 3,628 Sq. Ft.
Year Built 1860
MLS® Number 164811
Listing Brokerage CENTURY 21 FIRST CANADIAN CORP
Postal Code N0H2T0

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Wendy McKee & Angela Moebius

RE/MAX Grey Bruce Realty Inc., Brokerage

837 2nd Ave. East Owen Sound ON N4K 6K6

Mobile: 519-270-8359

Office: 519-374-1203

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