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Key Facts
Key facts for 15 Victoria Lane
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 13 parking
MLS #
X14139578
Size
5000+ sqft
Basement
Full,Finished,Separate Entrance,Apartment
Listed on
2026-11-02
Lot size
38 x 125.0
Tax
$8,500 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
Description
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 p...roperty 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!
Full Property Details
Interior
Bedrooms
14
Total Bedrooms
14
Washrooms
8
Square Footage
5000+ sqft
Basement
Full,Finished,Separate Entrance,Apartment
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Window Unit
Family Room
Yes
Kitchens
8
Total Kitchens
8
Fireplace Features
No
Bedrooms
14
Total Bedrooms
14
Washrooms
8
Square Footage
5000+ sqft
Basement
Full,Finished,Separate Entrance,Apartment
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
Window Unit
Family Room
Yes
Kitchens
8
Total Kitchens
8
Fireplace Features
No
Exterior
Depth
125.0
Front
37.5
Acreage
.50-1.99
Driveway
Private Triple
Lot Size
38 x 125.0 ft
Pool
None
Parking Spaces
13
Total Parking Spaces
13.00
Parking Description
None
Garage Spaces
0
Zoning
C5
Depth
125.0
Front
37.5
Acreage
.50-1.99
Driveway
Private Triple
Lot Size
38 x 125.0 ft
Pool
None
Parking Spaces
13
Total Parking Spaces
13.00
Parking Description
None
Garage Spaces
0
Zoning
C5
Building Description
Style
3-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick,Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
3-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick,Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Zurich
Community
Zurich
Taxes & Fees
Taxes
$8,500 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$8,500 /yr
Tax Year
2026
Occupancy
Tenant
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