108 Ontario Street Clinton, Ontario N0M 1L0
$1,600,000
Remarkable opportunity to own one of Clinton's landmark structures. This 8 unit apartment building in exceptional condition. Pride of ownership is clearly evident throughout this multi-plex. This multi unit features large apartments, newer appliances, paved parking (2019) and a coin operated laundry. Most of the units have had updated kitchens, bathrooms, flooring and paint over the last few years. The building is walkable to banks, grocery, restaurants and shops in the town of Clinton. Conveniently located between Stratford and Goderich, Clinton features many amenities available to larger centers but has held its small town appeal intact. A short drive to the beach or popular locations like Blyth, Goderich, and Bayfield. The rental market in Huron County remains strong and demand for well kept units are highly sought after. Good rental rates and low cost of ownership combine to make an attractive cap rate. 108 Ontario St is the perfect addition to your investment portfolio or a great turn-key option if you're entering the market. Call your Realtor for more information on this property. (id:43392)
Property Details
| MLS® Number | 40289213 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Schools, Shopping |
| Communication Type | Fiber |
| Features | Park/reserve, Paved Driveway, Crushed Stone Driveway, Laundry- Coin Operated |
| Parking Space Total | 10 |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 14 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1870 |
| Cooling Type | None |
| Exterior Finish | Brick, Stone |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Interior | 4700 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 165 Ft |
| Size Irregular | 0.5 |
| Size Total | 0.5 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.5 Ac|1/2 - 1.99 Acres |
| Zoning Description | R3 |
Utilities
| Cable | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24624553/108-ontario-street-clinton
Dave Boonstoppel
Broker
www.daveboonstoppel.com
www.facebook.com/propertiestownandcountry
Branch - 34 Main St.
Seaforth, Ontario N0K 1W0
(519) 600-4949
www.realtyexecutivesplatinum.ca
www.facebook.com/Realtyexecutivesplatinum
Elly Boonstoppel
Salesperson
Branch - 34 Main St.
Seaforth, Ontario N0K 1W0
(519) 600-4949
www.realtyexecutivesplatinum.ca
www.facebook.com/Realtyexecutivesplatinum
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July 08 2022 07:16:51
Huron Perth Association of REALTORS®
Realty Executives Platinum Limited (Seaforth) Brokerage