Purpose-built in 1998, 403 Highland Drive in Wingham presents a rare offering, a well-designed fourplex in a sought-after residential location. This raised brick bungalow was constructed with long-term durability and functionality in mind, featuring four self-contained units that balance comfort, privacy, and practicality. Each spacious unit includes two bedrooms and a full 4-piece bathroom, along with private in-suite laundry for everyday convenience. Large windows allow for plenty of natural light, while the raised bungalow layout ensures bright and welcoming interiors throughout. Each unit also features a private deck or patio, providing an ideal spot for outdoor relaxation or quiet enjoyment. Built with efficiency and independence in mind, each apartment is individually metered for hydro, giving tenants control over their own electricity usage. Heating is provided through an efficient radiant hot water system powered by natural gas and shared among the units. Outside, the asphalt parking area offers eight dedicated spaces-two per unit-adding ease and accessibility for residents and guests alike. With three of the four units currently vacant, the property provides investors with exceptional flexibility to select tenants and set rents according to current market conditions. This blend of established quality and income potential makes 403 Highland Drive a strong addition to any investment portfolio. Ideally located near Wingham's hospital, schools, parks, and everyday amenities, the property offers the convenience and community connection that attract long-term tenants. Solid construction, thoughtful design, and a proven rental layout make this fourplex an outstanding turnkey opportunity in a family-friendly neighbourhood, ready to deliver stable income for years to come.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
Bungalow-Raised
Approx. Age:
16-30
Total Approx Floor Area:
2000-2500
Lot Depth:
129'39.3 m
Lot Frontage:
144'6⅛"44 m
Direction Faces:
East
Bedrooms:
4+4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
2
Bedrooms Above Grade:
4
Bedrooms Below Grade:
4
Kitchens Above Grade:
2
Rooms Above Grade:
10
Rooms Below Grade:
10
Zoning:
R2
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Partial Basement, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Taxes:
$5,847 /
2024
Assessment:
$- /
2025
Huron
North Huron
Wingham
Air Exchanger
Year Round Living, Patio, Deck
4 x Stove | 4 x Fridge | 4 x Dishwasher | 4 x Washer | 4 x Dryer
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