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Multi-Family For Sale

$525,000

MLS® Number: SM260798

Floor Area

2,300

Year Built

1964

59 Winston RD, Wawa, Ontario

About This Property

Welcome to 59 Winston Rd in Wawa — a beautifully renovated, turn-key fourplex offering a strong investment opportunity in a market where multi-unit properties rarely come available. This property features three one-bedroom units and one spacious two-bedroom unit, all with separate meters and hot water on demand for added efficiency and ease of management. One lower unit is currently vacant, with a second becoming vacant June 25th, providing an excellent opportunity for a new owner to set market rents, projected at $1,350 plus utilities. The property also includes a 15 x 30 detached garage with additional income potential estimated at $300–$400 per month. With modern updates, a low-maintenance setup, and immediate upside through rental optimization, this turn-key investment is ideal for those looking to secure a solid asset in Wawa’s growing rental market.

Property Details

Interior Details

Basement

Full

Heating

Baseboard heaters

Living Area

2300 sqft

Building & Exterior

Exterior Features

Vinyl, Siding

Foundation Details

Block

Stories

2.0

Year Built

1964

Land & Location

City Region

Wawa

Frontage Length

60.0

Parcel Number

311691633

Postal Code

P0S1K0

Utilities & Services

Utilities

Electricity, Cable, Telephone

Listing & Financials

Listing Office

Exit Realty True North

Originating System Name

Sault Ste. Marie Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($105,000)
5.5%
25 Years

Estimated Monthly Payment

$2,579

Principal and interest only. Actual rates may vary.

Location & Map

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