623 Frank Street
South Bruce Peninsula, ON
- 5 bed
- 2 bath
- approx. 2000-2500 sqft
- Duplex
- 28 days on market
Investment Opportunity in Wiarton. Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a 3-bedroom unit, offering flexibility for investors or those looking to live in one unit while generating rental income from the other. The lower unit was renovated approximately 10 years ago and provides a comfortable living space for tenants. With tenants responsible for their own heat and hydro, this property offers an attractive setup for a landlord looking to keep operating costs manageable. Adding even more potential, the property is zoned to allow for additional units at the rear, providing an exciting opportunity to explore future development and increase the property's income potential, subject to municipal approvals. Located within easy reach of downtown Wiarton, Bluewater Park, Colpoys Bay, shopping, restaurants, and local amenities, this is a property with both immediate rental appeal and long-term potential. A versatile investment in a desirable Wiarton location-with income already in place and room to grow.
Listing Details
- Taxes (2025)
- $3,850
- Originally Listed
- $610,000
- Listed
- August 21, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 103 x 180 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Isaac
- Zoning
- R4-30-2016
- Parcel Number
- 331420393
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- Fridge X 2, Stove X 2, Washer X 2, Dryer X 2
- Exclusions
- Tenants belongings, portable dishwasher.
- Rental Items
- None
Schools
Secondary
- Peninsula Shores District School1.5 km
Public · Bluewater DSB · 140 students
Grade 10 literacy: 79% met the provincial standard
Elementary
- Peninsula Shores District School1.6 km
Public · Bluewater DSB · 265 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 43% 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 N0H
- Population
- 53,674
- Private dwellings
- 34,400
- Median age
- 52.8
- Average household size
- 2.3
- Median household income
- $86,000
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
Residential Freehold in South Bruce Peninsula · last 12 months
- Median sold price
- $512,500
- Homes sold
- 174
- Median days on market
- 38
- Sale-to-list price
- 94.3%
Based on 174 recorded sales of residential freehold properties in South Bruce Peninsula over the last 12 months.
Listed by
Sutton-Sound Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$119,180
Estimated Monthly Payment
$2,927
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,927/mo (20% down, 5.5%)
Taxes: $321/mo · Insurance: $149/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a…. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?