15 Victoria LN, Bluewater, ON N0M 2T0
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15 Victoria LN, Bluewater, ON N0M 2T0
15 Victoria LN, Bluewater, ON N0M 2T0
15 Victoria LN, Bluewater, ON N0M 2T0
15 Victoria LN, Bluewater, ON N0M 2T0
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Melanie Olivier

Melanie Olivier

+1(519) 320-0151
$ 1,599,900
Est. payment /mo
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15 Victoria LN Bluewater, ON N0M 2T0

14 Beds

8 Baths

4,530 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Zurich

MLS Listing ID X14139578

Style 3-Storey

Bedrooms 14

Annual Tax Amount $8,500

Tax Year 2026

Lot Size 4,530 Sqft

Property Sub-Type Multiplex

Property Description

TURNKEY MULTIPLEX INVESTMENT IN ZURICH, ONTARIO! An exceptional opportunity to acquire a well-maintained, income-producing property featuring eight residential apartments plus tons of storage for additional appliances and maintenance supplies. Generating roughly $118,000 in annual net income, this property offers established rental income and straightforward management in the heart of Huron County. The building features six 2-bedroom apartments and two 1-bedroom apartments across three levels, including three upper-level units with private balconies. The additional workshop, multiple storage rooms, and dedicated meter room provide excellent functionality. All units are currently leased, with tenants paying their own hydro. Each unit is separately metered and includes owned appliances, including in-suite washers and dryers. Two large owned hot water heaters are also included. Annual operating expenses are approximately $16,000-$18,000. The property has been well maintained, with the metal roof and Insulbrick/vinyl exterior in excellent condition. Fire code requirements are up to date, landscaping is easy to maintain (no grass to cut!), and all debentures have been paid. Located just five minutes from Lake Huron's beautiful beaches and within convenient driving distance of Grand Bend, Exeter, and Bayfield, this is an outstanding opportunity to add a substantial, established multifamily investment to your portfolio without the expense of new construction. A rare opportunity to own a turnkey income-producing property along Ontario's West Coast!

Location

Province ON

County Huron

Area Huron

Rooms

Family Room Yes

Basement Full, Finished, Separate Entrance, Apartment

Kitchen 8

Interior

Interior Features Workbench, Water Heater Owned, Upgraded Insulation

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Porch

Parking Features Private Triple

Pool None

Roof Type Metal

Lot Frontage 37.5

Lot Depth 125.0

Total Parking Spaces 13

Building

Unit Features Beach,Golf,School,Place Of Worship,Park,Rec./Commun.Centre

Foundation Poured Concrete

Others

ParcelsYN No

Listed by BLUE FOREST REALTY INC.
Melanie Olivier

Melanie Olivier

Broker

+1(519) 320-0151

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15 Victoria LN