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Multiplex for Sale
Bluewater, ON
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!
Inclusions
Refrigerator X 8, Stove X 8, Washer X 8, Dryer X 8, Hot Water Heater Owned X 2
Broker
BLUE FOREST REALTY INC.
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Multiplex
15 Victoria Lane Bluewater
Bluewater
Type
Multiplex
Basement
Full, Finished, Separate Entrance, Apartment
Parking
None (13)
Property Tax
~$8,500/yr
Heating
Baseboard
Buying Essentials
Square Feet
5,000+ sqft
Facing Direction
East
Parking
None (13)
Finances
List Price
$1,599,900
Price per SQFT *
~$320/sqft
Property Tax
~$8,500/yr
* Price/SQFT is based on an approximation. Actual value may differ.
Property Specs
Property Type
Multiplex
MLS Size
5,000+ sqft
Basement
Full, Finished, Separate Entrance, Apartment
Living & Amenities
Heating Type
Baseboard
Features
Workbench · Water Heater Owned · Upgraded Insulation
Policies & Utilities
Neighbourhood
Bluewater
Listed On
Nov 2, 2026
Beach
Golf
School
Place Of Worship
Park
Rec./Commun.Centre
Days on Market
Current: 11 days
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