130 North Water Street

Welcome to a remarkable investment opportunity in the heart of Mount Forest—this is a Multi-Family Home for sale in Mount Forest that offers not only a solid structure but also a prime location with tranquil views overlooking the picturesque Saugeen River. The property, located at 130 North Water Street, Mount Forest, is a multiplex that presents a unique chance for investors or those looking to enter the property market.

This Multi-Family Home for sale in Mount Forest features two well-maintained units, each comprising one bedroom and one bathroom. Although there are no additional kitchens or family rooms, the existing layout provides comfortable living spaces that are flooded with natural light, creating a welcoming atmosphere for tenants. The absence of a designated kitchen may seem like a limitation, but it offers the opportunity for future renovations or adaptations to suit the needs of potential residents.

The building, constructed in 1957, boasts a partially finished full basement with a separate entrance and walk-out access, which adds to the versatility of the property. This space could be transformed into additional living quarters or utilised for storage, enhancing the overall value of this Multi-Family Home for sale in Mount Forest. The property is equipped with central air conditioning, ensuring a comfortable environment throughout the year, while the heating is provided by a combination of gas fireplace and forced air, utilising natural gas for efficiency.

Situated on a private triple-wide gravel driveway, this property offers ample parking space for up to four vehicles, which is a significant advantage in a bustling community like Mount Forest. The landscaped exterior enhances the overall appeal of the property, making it an inviting prospect for potential tenants or buyers. While there is no pool on the premises, the surrounding natural beauty provides a serene setting for relaxation and leisure.

At 130 North Water Street, Mount Forest, the lack of a garage may be a consideration for some, but the convenient location compensates for this with easy access to local amenities and the scenic outdoors. The property is connected to municipal water, ensuring a reliable supply, while the sewer system is currently unspecified, which may require further investigation by interested parties.

This Multi-Family Home for sale in Mount Forest not only provides a solid investment opportunity but also embodies the charm of small-town living. The two units offer generous storage options and practical layouts, making them ideal for individuals or couples seeking a peaceful lifestyle. With no furnishings included, this property allows for personalisation, enabling new owners to create a space that reflects their style and preferences.

The investment potential of this property is further enhanced by its location within the Wellington North area, known for its community spirit and welcoming atmosphere. As a Multi-Family Home for sale in Mount Forest, it presents an attractive option for those looking to diversify their investment portfolio or embark on their journey as property owners.

In summary, 130 North Water Street, Mount Forest, is not just a house; it is a gateway to a lifestyle filled with opportunities. The combination of a solid duplex structure, a peaceful setting, and the potential for steady income makes this Multi-Family Home for sale in Mount Forest a compelling choice. Whether you are an experienced investor or a first-time buyer, this property checks all the boxes, offering both lifestyle and value in a beautiful part of the country. Don’t miss out on this exceptional opportunity to own a piece of Mount Forest.

Community 72 in Mount Forest is a charming and welcoming neighbourhood that offers a delightful blend of rural tranquillity and modern convenience. Nestled amidst picturesque landscapes, this area is characterised by its tree-lined streets and well-maintained homes, creating a serene environment for families and individuals alike. Residents enjoy easy access to local amenities, including shops, parks, and recreational facilities, fostering a sense of belonging. The community's close-knit atmosphere is enhanced by regular local events and activities, making it an ideal place for those seeking a peaceful lifestyle while still being connected to the vibrant heart of Mount Forest. Whether you’re looking for a quiet retreat or a place to raise a family, Community 72 offers a unique and inviting setting to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.3 km away is St. Mary Catholic School, offering elementary education from Junior Kindergarten to Grade 8 under the Wellington Catholic District School Board. Although it currently has a school rating of 0, its proximity is a significant advantage for younger children. For older students, Victoria Cross Public School is located 1.4 km away, providing grades JK to 8 with a commendable rating of 4.3. Additionally, Wellington Heights Secondary School, situated 1.7 km from the property, caters to students in grades 9 to 12 and boasts a solid rating of 6. Both public schools are part of the Upper Grand District School Board and offer English as the language of instruction. This range of nearby schools ensures that families have access to quality education options for children of all ages, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 747 residents, with an average household size of 2.3 individuals. The demographic profile indicates a mature community, with an average age of 46.5 years. The average household income stands at $85,200, reflecting a relatively affluent neighborhood, where only 6% of the population is classified as low-income. The average property price in the area is approximately $492,000, suggesting a stable real estate market. Socially, 38.28% of the residents are single, while 39.53% live in households with children, indicating a balanced mix of family-oriented and single-person households. The community is diverse, with 7.97% of the population being immigrants. Renters make up 26.56% of the households, and condos account for 10.94% of the housing options available. Education levels are high, with 46.61% of residents holding a college or university degree. However, it is notable that a significant portion of the population, 44.92%, is not in the labor force, which may influence the local economy and community dynamics. Overall, this area presents a unique blend of demographics that may appeal to potential homebuyers and investors alike.