304 Jackson Street S Walkerton, Ontario N0G 2V0

None Forced Air


Great opportunity for the wise investor! This well maintained 7-Plex in the heart of Walkerton is an instant profit producer. With its amazing curb appeal and proximity to downtown, it's ideal for tenants. This property consists of 3 one bedroom units, 3 two bedroom units and 1 very large three bedroom unit. All apartments are very spacious with good sized kitchens and bathrooms. Three of the residences have their own exterior entrances and outdoor spaces, while the others have private balconies. Each individual apartment has its own desirable aspects and details that offer unique appeal and probability to capitalize on with time. Five of the units have separate gas furnaces with individual gas meters, while the other two have baseboard heat. There is opportunity to increase profits over time as all 7 units are on separate hydro meters. The present property owner currently pays all utilities. All units are fully rented and all tenants are interested in staying. All rents are up to date and none have been in arrears. Approved increases have been introduced annually. This property will not qualify for Residential Financing as the banks deem it as Commercial. Seller would consider a vendor take-back mortgage to a qualified buyer. (id:43978)

Property Details

MLS® Number 40316896
Property Type Multi-family
Amenities Near By Park, Place Of Worship
Communication Type High Speed Internet
Equipment Type Water Heater
Features Park/reserve, Crushed Stone Driveway, Sump Pump
Parking Space Total 8
Rental Equipment Type Water Heater


Basement Development Partially Finished
Basement Type Partial (partially Finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 4747.8100
Utility Water Municipal Water


Access Type Road Access
Acreage No
Fence Type Partially Fenced
Land Amenities Park, Place Of Worship
Sewer Municipal Sewage System
Size Depth 112 Ft
Size Frontage 88 Ft
Size Irregular 0.229
Size Total 0.229 Ac|under 1/2 Acre
Size Total Text 0.229 Ac|under 1/2 Acre
Zoning Description R1


Electricity Available
Natural Gas Available
Telephone Available



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