$475,000
290/298 FRANK STREET
Beds
3
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for South Bruce Peninsula. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Discover the potential of this newly renovated 3-bedroom, 2-bath home, zoned for both residential and commercial use, making it an ideal opportunity for buyers and investors alike. Conveniently situated adjacent to the main street, you're just a short walk from Colpoy's Bay, Wiarton Marina, and the picturesque Spirit Rock Conservation Area in the charming town of Wiarton. This home has been meticulously updated inside and out, taken down to the studs and features all new renovations completed in 2024/2025. The interior boasts brand new appliances, a bright spacious kitchen with a large island and butcher block countertops, a natural gas furnace, new vinyl windows, a sizeable foyer that can double as an office, ensuite with jacuzzi tab and convenient laundry hookups on both the main floor and the second floor. The layout includes three spacious bedrooms and two full baths. The exterior offers municipal water and sewer, a generous barn-style drive shed, new roof, new siding, ample parking, along with a new back deck and stunning stone pathway. Set on an expansive double lot in an unbeatable location, you'll never have to worry about finding parking for downtown events, everything is just a leisurely stroll away, providing easy access to a plethora of amenities. Don't miss out on this incredible, fully renovated investment opportunity. Call today to schedule your viewing! (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- South Bruce Peninsula
- Condition
- Insulation upgraded
- Common interest
- Freehold
- Lot dimensions
- 106.9 x 194.1 FT ; 48.52x93.71x59.15x194.05x106.93x100.37
- Bedrooms
- 3 above grade
- Parking
- 9 total
- Stories
- 1.5
- On market
- Sep 14, 2025
- Status changed
- Apr 21, 2026
- Annual tax
- $2,064.98
- Photos
- 33
- MLS#
- X12402459
- Area
- SOUTH_BRUCE_PENINSULA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
-6.78%
Cap rate
3.51%
GRM
16.5
Break-even rent
$2,965
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.