Address
425 Wingfield St, Petrolia, ON
Price
$ 699,000
Property Attributes
  • ID#X8179200
  • TypeCommercial
  • CityPetrolia
  • AreaPetrolia
  • NeighbourhoodPetrolia
  • Postal CodeN0N 1R0
  • StyleApts-2 To 5 Units
  • Taxes$ 4216
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6200
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
3/28/2024 Listed $699,000

General Features

Utilities Yes
Water Municipal
Zoning C1
Heater Type Gas Forced Air Closd
Community Amenities Petrolia
Area Lambton
Tax Year 2024
Lot Depth 58.76
Basement Yes
Freehold Yes
Insurance Expense 1850
Status A
Use Apts-2 To 5 Units
Taxes 4216.06
Category Apartment
ApproxAge 31-50
Property Sub Type Investment
Lot Front 100.00
Type .U.

Interior Features

A/C Yes

Exterior Features

Garage Type None

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in N0N 1R0

Price
AVG $1.2M
$700K
Taxes
AVG $22,108
$4,216
Visits
AVG 99
89
Data Provided by Inside Real Estate®

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