$699,000^{FOR SALE}

Investment

Lot: 100 x 58.76 ftTotal Area: 6,200 ft²
2024 Taxes: $4,216.06

425 Wingfield St
Petrolia, ON N0N 1R0 | Lambton

FOR SALE iIS A UNIQUE OPPORTUNITY TO OWN A COMMERCIALLY ZONED BUILDING WITH AN EXCEPTION OF A RESIDENTIAL TRIPLEX . ALL UNITS ARE TENANTED AND COMES FULLY FURNISHED, PERFECT FOR INVESTMENT. ATTENTION INVESTORS, IF YOU'RE LOOKING FOR A TURN-KEY,FULLY RENTED TRIPLEX IN THE BEAUTIFUL TOWN OF PETROLIA. BUILDINGS LIKE THIS DON'T COME ONTO THE MARKET EVERY DAY. ALL FLOORS ARE CONCRETE AS THE BUILDING WAS BUILT AS A COMMERCIAL BUILDING. IT OFFERS 3 UNITS. UNIT 1 HAS 3 BEDROOMS, 1 BATHROOM & IS OPEN CONCEPT. UNIT 2 HAS 2 BEDROOMS & 1 BATHROOM & STORAGE. UNIT 3 HAS 1 BEDROOM, 1 BATHROOM & OPEN CONCEPT. UPPER & LOWER LEVELS HAVE INDIVIDUAL HEATING, AIR CONDITIONING & HYDRO SYSTEMS, & ARE METERED SEPARATELY. ROOF, FURNACE & CENTRAL AIR HAVE ALL BEEN UPDATED. THIS BUILDING MAKES $4200/MO. COIN-OPERATED WASHER & DRYER.

Listed By	GATE GOLD REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8179200
Last Updated	Aug 27, 2024

Property Summary

Property Type	Investment More like this: Petrolia Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	433360186
Occupancy	Tenant
Taxes (2024)	$4,216.06
Tax Type	Annual
Directions/Cross Streets	Walnut St
Neighbourhood	Petrolia
Area	Lambton

Price History

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Detailed Information

Freestanding	Y
Lot	100 x 58.76 ft
Total Area	6,200 ft²
Approximate Age	31-50
Air Conditioning	Y
Basement	Y
Garage Type	None
Heat Type	Gas Forced Air Closd
Gross Income/Sales	$49,200
Net Income Before Debt	$43,134
Insurance Expense	$1,850
Taxes Expense	$4,216
Year Expenses	$2,023
Expenses Actual/Estimated	Act
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	C1
Seller Property Info Statement	N

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425 Wingfield St, Petrolia, ON N0N 1R0

Investment

425 Wingfield St Petrolia, ON N0N 1R0 | Lambton

425 Wingfield St
Petrolia, ON N0N 1R0 | Lambton