123 East Street Central Huron, Ontario N0M 1L0
$1,750,000
22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance. (id:61445)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X13080648 |
| Property Type | Multi-family |
| Community Name | Clinton |
| AmenitiesNearBy | Highway |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| CoolingType | None |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Hot Water |
| SizeExterior | 41893 Sqft |
| SizeInterior | 41893 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 114 Ft ,5 In |
| SizeFrontage | 442 Ft ,9 In |
| SizeIrregular | Bldg=442.83 X 114.42 Ft |
| SizeTotalText | Bldg=442.83 X 114.42 Ft |
| ZoningDescription | R3-2 |
https://www.realtor.ca/real-estate/29697778/123-east-street-central-huron-clinton-clinton
Interested?
Contact us for more information
Joe Mysak
Broker of Record
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
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May 11 2026 07:29:10
Mysak Realty Inc.