239-249 Main Street N

Nestled in the heart of Wellington North, this remarkable Multi-Family Home for sale in Wellington North presents an exceptional investment opportunity. Located at 239-249 Main Street N, Wellington North, this property is a sixplex that promises a maintenance-free investment experience. With a solid return potential, this property is certainly worth your consideration.

The building, a two-storey multiplex, is characterised by its durable vinyl siding, providing not only aesthetic appeal but also low maintenance requirements. The property boasts a total of 26 rooms, including an impressive 11 bedrooms and 6 bathrooms, making it ideal for accommodating multiple families or tenants. Each unit is designed to offer comfort and convenience, with a total of six kitchens, ensuring that every resident has access to their own cooking facilities.

This Multi-Family Home for sale in Wellington North is strategically located at the intersection of Main Street and Durham Street, making it easily accessible and conveniently situated near local amenities. The community of Mount Forest offers a vibrant atmosphere, with various shops, parks, and services within close proximity. Residents will appreciate the ease of living in such a well-connected area, enhancing the appeal of this investment property.

The property features wall unit air conditioning, ensuring that all units remain cool during the warmer months. The heating is provided by a heat pump, which is an efficient choice for maintaining a comfortable environment throughout the year. Although there is no central vacuum system, the property is unfurnished, allowing potential owners or tenants to personalise their living spaces to their liking.

While this Multi-Family Home for sale in Wellington North does not feature a pool or a fireplace, it compensates with ample parking space for up to 10 vehicles, which is a significant advantage for a property of this size. The driveway is readily available, ensuring that residents and guests have convenient access to their vehicles.

One of the standout features of this property is its recent renovations. The building has undergone significant upgrades over the last six years, including a new metal roof, as well as updated electrical and plumbing systems. These improvements not only enhance the property's value but also provide peace of mind for potential investors, knowing that the essential systems are modern and reliable.

The property is connected to municipal water and sewer services, further simplifying the management of this Multi-Family Home for sale in Wellington North. Additionally, the partial basement, although unfinished, offers potential for further development or storage, adding to the versatility of this investment.

Set on a spacious lot measuring 58 by 236 feet, the property provides ample outdoor space for tenants to enjoy. While there is no additional land included with the sale, the existing lot size is generous enough to accommodate the needs of multiple families comfortably.

In summary, this Multi-Family Home for sale in Wellington North at 239-249 Main Street N, Wellington North, is an outstanding opportunity for those seeking a solid investment in a thriving community. With its impressive number of bedrooms, well-equipped kitchens, and recent renovations, this property is designed to attract a variety of tenants. The location, combined with the property’s features, makes it a compelling choice for investors looking to expand their portfolio. Don’t miss the chance to explore this unique opportunity in Wellington North, where a maintenance-free investment awaits you.

Mount Forest, nestled within the charming township of Wellington North, offers a picturesque blend of natural beauty and small-town charm. Surrounded by lush greenery and rolling hills, this geographic entity is characterised by its welcoming atmosphere and strong sense of local identity. Residents enjoy a tranquil lifestyle, with access to outdoor activities such as hiking and cycling, while the close-knit nature of the area fosters a sense of belonging. With essential amenities, local shops, and community events, Mount Forest presents an ideal setting for those seeking a peaceful yet vibrant place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Just 0.4 km away, Victoria Cross Public School offers a solid education for children from Junior Kindergarten to Grade 8, with a commendable school rating of 4.3, under the Upper Grand District School Board. For older students, Wellington Heights Secondary School is only 0.9 km away, providing education for Grades 9 to 12 and boasting a school rating of 6, also under the Upper Grand District School Board. Additionally, St. Mary Catholic School, located 0.9 km from the property, serves students from Junior Kindergarten to Grade 8 and operates under the Wellington Catholic District School Board. However, it is important to note that this school currently has a rating of 0. Overall, the proximity to these schools offers a variety of educational options, catering to different needs and preferences, which is a significant advantage for potential buyers considering family living in the area.