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315 Centre Street
Wingham North Huron N0G 2W0

$749,000 /For Sale
Commercial

Main Photo: 315 Centre Street in North Huron: Wingham Commercial for sale : MLS®# X13224684
Photo 1: 315 Centre Street in North Huron: Wingham Commercial for sale : MLS®# X13224684
Photo 2: 315 Centre Street in North Huron: Wingham Commercial for sale : MLS®# X13224684
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13224684
Bus Major:
Apts - 6 To 12 Units
8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval.
Property Type:
Commercial
Property Sub Type:
Investment
Property Attached:
Yes
Freestanding:
Yes
Total Area:
4350 sq. ft. Square Feet
Total Area:
4,350 sq. ft.
Lot Depth:
120'
Lot Frontage:
93'
Lot Shape:
Rectangular
Water supply:
Municipal
Kitchens:
0
Zoning:
R2
Heating type:
Baseboard
Garage:
Double Detached
Parking Spaces:
8
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,758 / 2025
Assessment:
$- / -
Huron
North Huron
Wingham
1 Washer & 1 Dryer with Coinamatic - can be assumed or cancelled, AHS Fire Monitoring contract - can be assumed or cancelled, If cancelled, rental radios must be returned by closing. Bell contract must be assumed.
5 Fridges, 6 Stoves, 1 Hot Water Tank
Tenants Belongings
UFFI:
No
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Gross income:
$84,888
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$1,172
Hydro Expenses:
$968
Insurance Expenses:
$4,500
Tax Expenses:
$4,758
Water Expenses:
$7,296
Year Expenses:
2025
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Jun 01, 2026
Original Price:
Previous Price:
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Listed by MYSAK REALTY INC.
Data was last updated June 13, 2026 at 02:15 AM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.