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59 Winston RD

59 Winston RD

Wawa, Ontario

Multi-family

$525,000

Welcome to 59 Winston Rd in Wawa — a beautifully renovated, turn-key fourplex offering a strong investment opportunity in a market where multi-unit properties rarely come available. This property features three one-bedroom units and one spacious two-bedroom unit, all with separate meters and hot water on demand for added efficiency and ease of management. One lower unit is currently vacant, with a second becoming vacant June 25th, providing an excellent opportunity for a new owner to set market rents, projected at $1,350 plus utilities. The property also includes a 15 x 30 detached garage with additional income potential estimated at $300–$400 per month. With modern updates, a low-maintenance setup, and immediate upside through rental optimization, this turn-key investment is ideal for those looking to secure a solid asset in Wawa’s growing rental market.

Price History

Schools

Elementary

  • École publique l'Escalade0.4 km

    French public · CS public du Grand Nord de l'Ontario

  • St Augustine French Immersion Catholic School0.4 km

    Catholic · Huron-Superior CDSB · 90 students

    Grade 3 reading: 17% met the provincial standard

  • École élémentaire Saint-Joseph0.5 km

    French Catholic · CSDC du Nouvel-Ontario · 140 students

    Grade 6 math: 31% met the provincial standard

Secondary

  • Michipicoten High School0.6 km

    Public · Algoma DSB · 105 students

    Grade 10 literacy: 64% met the provincial standard

  • École secondaire catholique Saint-Joseph1.1 km

    French Catholic · CSDC du Nouvel-Ontario · 55 students

    Grade 10 literacy: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0S

Population
10,170
Private dwellings
6,839
Median age
50
Average household size
2.3
Median household income
$85,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Wawa · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Wawa over the last 12 months.

Location

Mortgage Calculator

$105,000

Estimated Monthly Payment

$2,579

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,579/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $131/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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