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Investment signal

$750,000

329 JOSEPHINE STREET

Beds

11

Baths

6

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Newly renovated stunning investment property. This Charming Six-Plex Building located in the town of Wingham in North Huron of Ontario would be a dream come through for you. Unique with it's architecture and friendly residents, numerous local businesses and shops around town. With Five of the units fully renovated, this property features Two-1 Bedroom, Three 2-Bedrooms & One 3-Bedroom. A great income and cashflow for an investor. Separate Hydro meter for each unit. Face lift of the building front. Coin Laundry onsite for additional revenue.Newly renovated stunning investment property. This Charming Six-Plex Building located in the town of Wingham in North Huron of Ontario would be a dream come through for you. Unique with it's architecture and friendly residents, numerous local businesses and shops around town. With Five of the units fully renovated, this property features Two-1 Bedroom, Three 2-Bedrooms & One 3-Bedroom. A great income and cashflow for an investor. Separate Hydro meter for each unit. Face lift of the building front. Coin Laundry onsite for additional revenue. (id:65958)

Subtype
Multi-family
Structure
Other
Community
Wingham
Lot dimensions
59.7 x 149.8 FT
Bedrooms
11 above grade
Parking
10 total
Stories
2
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$4,762
Zoning
C4
Photos
37
MLS#
X13009082
Area
NORTH_HURON_(WINGHAM)

Features and systems

Parking

No Garage

Basement

UnfinishedCrawl space

Appliances

WasherRefrigeratorWater meterStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Exterior

BrickVinyl siding

Foundation

Block

Lot

Flat siteCarpet Free

Utilities

SewerElectricity

Security

Smoke Detectors
Negative cash flow ~$1,480/mo at these assumptions

Cash on cash

-11.84%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,308

Financing

Down payment$150,000
Loan amount$600,000
Mortgage$3,681/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$313
Vacancy loss$188

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $3,681/mo at 5.49% with 20% down, 25-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 16, 2026.

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