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14 Beds
8 Baths

C$1,599,900

15 Victoria Lane, Bluewater ON, N0M 2T0

Property typeMulti-family

Overview

Active

New

Listed Nov 2, 2026

Updated 2 days ago

TURNKEY MULTIPLEX INVESTMENT IN ZURICH, ONTARIO! An exceptional opportunity to acquire a well-maintained, income-producing property featuring eight residential apartments plus tons of storage for additional appliances and maintenance supplies. Generating roughly $118,000 in annual net income, this property offers established rental income and straightforward management in the heart of Huron County. The building features six 2-bedroom apartments and two 1-bedroom apartments across three levels, including three upper-level units with private balconies. The additional workshop, multiple storage rooms, and dedicated meter room provide excellent functionality. All units are currently leased, with tenants paying their own hydro. Each unit is separately metered and includes owned appliances, including in-suite washers and dryers. Two large owned hot water heaters are also included. Annual operating expenses are approximately $16,000-$18,000. The property has been well maintained, with the metal roof and Insulbrick/vinyl exterior in excellent condition. Fire code requirements are up to date, landscaping is easy to maintain (no grass to cut!), and all debentures have been paid. Located just five minutes from Lake Huron's beautiful beaches and within convenient driving distance of Grand Bend, Exeter, and Bayfield, this is an outstanding opportunity to add a substantial, established multifamily investment to your portfolio without the expense of new construction. A rare opportunity to own a turnkey income-producing property along Ontario's West Coast!

Additional information

MLS® ID
X14139578

Interior Features

Bedrooms
14
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$8,500
Tax Frequency
Annually

 

Courtesy of Listed by , BLUE FOREST REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:10 AM UTC, 11/3/2026

 

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