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315 Centre Street

315 Centre Street

North Huron, ON

  • 4,350 sqft
  • Investment
  • 102 days on market
$749,000

8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval.

Listing Details

Taxes (2025)
$4,758
Listed
June 1, 2026

Price History

Listing history

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Property

Lot Size
93 x 120 Feet

Parking

Garage
Double Detached

Location & Legal

Cross Street
London Rd/ Patrick St.
Zoning
R2
Parcel Number
410560068
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Included

Inclusions
5 Fridges, 6 Stoves, 1 Hot Water Tank
Exclusions
Tenants Belongings
Rental Items
1 Washer & 1 Dryer with Coinamatic - can be assumed or cancelled, AHS Fire Monitoring contract - can be assumed or cancelled, If cancelled, rental radios must be returned by closing. Bell contract must be assumed.

Community

Postal area N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

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

Commercial in North Huron · last 12 months

Median sold price
$465,000
Homes sold
79
Median days on market
42
Sale-to-list price
95.2%

Based on 79 recorded sales of commercial properties in North Huron over the last 12 months.

Listed by

MYSAK REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,350 sq ft
Price per sq ft
$172.18
Annual property tax
$4,758
Tax per sq ft
$1.09

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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