Investment Opportunity in Wiarton. Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a 3-bedroom unit, offering flexibility for investors or those looking to live in one unit while generating rental income from the other. The lower unit was renovated approximately 10 years ago and provides a comfortable living space for tenants. With tenants responsible for their own heat and hydro, this property offers an attractive setup for a landlord looking to keep operating costs manageable. Adding even more potential, the property is zoned to allow for additional units at the rear, providing an exciting opportunity to explore future development and increase the property's income potential, subject to municipal approvals. Located within easy reach of downtown Wiarton, Bluewater Park, Colpoys Bay, shopping, restaurants, and local amenities, this is a property with both immediate rental appeal and long-term potential. A versatile investment in a desirable Wiarton location-with income already in place and room to grow.
Address
623 Frank Street
List Price
$610,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
South Bruce Peninsula
Region
Bruce
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
12
Bathrooms
2
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
180
Lot Size Units
Feet
Lot Width
103
Parcel Number
331420393
Occupant Type
Tenant
Cross Street
Isaac
MLS® Number
X13701400
Listing Brokerage
Sutton-Sound Realty
Basement Area
Unfinished
Postal Code
N0H 2T0
Posession Details
60 days
Parking
Private
Parking Places (Total)
5
Parking Spaces
5
Tax Amount
$3,850.00
Tax Year
2025
Site Influences
Deck
Exterior Features
Deck
Interior Features
None
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete Block
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT PARKLT K PL WIARTON PT 1, 3R6282 TOWN OF SOUTH BRUCE PENINSULA
View Type
Bay
Waterfront
No
Sewer
Sewer
