Investment signal

$539,000

208 JOSEPHINE STREET

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Beds

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Baths

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Sqft

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Year

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Type

Retail

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Huron (Wingham). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great investment property! Features a 3,000 square foot commercial retail store unit and 2,300 square foot 3 bedroom apartment, both fully leased and recently updated. Excellent opportunity for investors seeking solid rental income. For detailed income and expense information, please contact the listing agent. Seller requests this property to be sold together with 206 Josephine Street, Wingham (id:65958)

Subtype: Retail
Community: Wingham
Living area: 0
Lot size: 0.13 acres
Lot dimensions: 0.128
On market: Oct 16, 2025
Status changed: Apr 23, 2026
Annual tax: $7,194.41 (2025)
Zoning: C4
Photos: 1
MLS#: X12466771
Area: NORTH_HURON_(WINGHAM)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$621/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.91%

Cap rate

3.48%

GRM

16.6

Break-even rent

$3,353

Financing

Down payment$107,800

Loan amount$431,200

Mortgage$2,185/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$247

Insurance$80

Maintenance$449

CapEx reserve$225

Vacancy loss$135

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,185/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.