$595,900
↓ $14,100 from $610,000
Est. payment $2,639/moCalculate yours
623 Frank Street, South Bruce Peninsula, ON N0H 2T0
South Bruce Peninsula, South Bruce Peninsula, ON N0H 2T0
- 5 Beds
- 2 Baths
- 2,000 Sq Ft
Listing courtesy of Sutton-Sound Realty MLS® X13701400
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 103 x 180 Feet
- Parking
- None garage · 5 total
- Zoning
- R4-30-2016
Financial
- Property Taxes
- $3,850 (2025)
Location
- Neighbourhood
- South Bruce Peninsula
- Cross Street
- Isaac
- Direction Faces
- South
Listing
- MLS® Number
- X13701400
- Days on Market
- 58
- Listed On
- 2026-08-21
- Possession
- 60 days
- Listed By
- Sutton-Sound Realty
Features
Interior
- None
Pool
- None
- Included
- Fridge X 2, Stove X 2, Washer X 2, Dryer X 2
- Excluded
- Tenants belongings, portable dishwasher.
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,639 per month
- Principal and interest
- $2,639
- Property tax
- $321
- Condo fees
- $0
- Estimated monthly cost
- $2,959
Your mortgage
- Mortgage amount
- $476,720
- Mortgage insurance
- Not needed
- Interest over 25 years
- $314,835
Cash to close
- Down payment
- $119,180
- Land transfer tax
- $8,393
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $127,573
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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