Investment Opportunity in Wiarton. Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a 3-bedroom unit, offering flexibility for investors or those looking to live in one unit while generating rental income from the other. The lower unit was renovated approximately 10 years ago and provides a comfortable living space for tenants. With tenants responsible for their own heat and hydro, this property offers an attractive setup for a landlord looking to keep operating costs manageable. Adding even more potential, the property is zoned to allow for additional units at the rear, providing an exciting opportunity to explore future development and increase the property's income potential, subject to municipal approvals. Located within easy reach of downtown Wiarton, Bluewater Park, Colpoys Bay, shopping, restaurants, and local amenities, this is a property with both immediate rental appeal and long-term potential. A versatile investment in a desirable Wiarton location-with income already in place and room to grow.
| MLS # | X13701400 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 12 |
| Listing Provided By | Sutton-Sound Realty | X13701400 572802 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.43 |
| Property View | Bay |
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Exterior Features | Deck |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete Block |
| View | Bay |
| Construction Materials | Aluminum Siding |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3850 |
|---|---|
| Tax Legal Description | PT PARKLT K PL WIARTON PT 1, 3R6282 TOWN OF SOUTH BRUCE PENINSULA |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Bruce |
| City | South Bruce Peninsula |
| Postal Code | N0H 2T0 |
| Area | South Bruce Peninsula |
| Listing VS Median (in N0H 2T0) | |
Price: $610,000 low | high Med: $695,000 On site: 12 low | high Med: 268 | |
| Province | ON |
|---|---|
| County | Bruce |
| City | South Bruce Peninsula |
| Postal Code | N0H 2T0 |
| Area | South Bruce Peninsula |
| Listing VS Median (in N0H 2T0) | |
Price: $610,000 low | high Med: $695,000 On site: 12 low | high Med: 268 | |