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18 McKinley AVE

18 McKinley AVE

Wawa, Ontario

Multi-family

$309,900

Welcome to this well-maintained and updated triplex located in a quiet residential neighbourhood in Wawa. Showing pride of ownership throughout, this turnkey investment property offers a strong opportunity for both seasoned and first-time investors. The building features a spacious three-bedroom main floor unit with separate laundry facilities and access to the backyard, along with two additional two-bedroom units. Each unit is separately metered, providing convenience and efficiency for both owners and tenants. Current ownership has consistently adjusted rents to remain competitive with the local market while maintaining excellent tenant appeal. An added bonus is the detached garage space, which generates additional rental income. Ideally situated within walking distance to Wawa Lake, local amenities, and the shops and services along Broadway, this property combines location, functionality, and income potential in one attractive package. A true turnkey investment opportunity in the heart of Wawa.

Price History

Schools

Elementary

  • Sir James Dunn Public School0.1 km

    Public · Algoma DSB · 95 students

  • École élémentaire Saint-Joseph0.7 km

    French Catholic · CSDC du Nouvel-Ontario · 140 students

    Grade 6 math: 31% met the provincial standard

  • St Augustine French Immersion Catholic School0.8 km

    Catholic · Huron-Superior CDSB · 90 students

    Grade 3 reading: 17% 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-Joseph0.8 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.

Walk Score

58

Walk

44

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$61,980

Estimated Monthly Payment

$1,522

Investment Analysis

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

Mortgage: $1,522/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $77/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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