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$ 299,999
Est. payment /mo
Active
217 Creek Street Wallaceburg, ON N8A 4C1
4 Beds
2.1 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type 1 1/2 Storey
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26026162
Bedrooms 4
Full Baths 2
Half Baths 1
Construction Status Approximate
Year Built 1900
Annual Tax Amount $2,000
Tax Year 2026
Property Sub-Type 1 1/2 Storey
Source WESC
Property Description
An excellent investment opportunity in the heart of downtown Wallaceburg! Offering a unique combination of residential and commercial space, this versatile property features three independently configured units, providing multiple opportunities for generating rental income or operating a business. The corner unit is currently occupied by a long-term tenant paying $875 per month and features a private entrance, private driveway, full bathroom and furnishings. The spacious middle residential unit is currently operating as an Airbnb and was previously rented for $2,200 per month, offering flexibility for short-term or long-term rental arrangements. Both residential units are fully furnished, with furnishings potentially included in the sale. The vacant commercial unit features its own entrance and offers an excellent opportunity for a business owner or investor looking to secure an additional tenant, subject to permitted uses. Significant recent improvements reported by the seller include updated plumbing and electrical systems, new heating and cooling equipment installed in 2026, flooring repairs, two new steel entrance doors and a security system complete with four cameras. The property also offers ample parking with a double driveway on one side and an additional single driveway on the other. Located just steps from the Sydenham River, downtown shops, restaurants, banks and other local amenities, this is an opportunity to invest in a well-located property with multiple potential income streams. Whether you're looking to expand your investment portfolio, operate a business or explore a live/work arrangement, 217 Creek Street offers plenty of possibilities!
Location
Province ON
Zoning GC2
Rooms
Basement Crawl Space
Interior
Heating Central Air Conditioning, Forced Air, Furnace
Cooling Central Air Conditioning, Forced Air, Furnace
Flooring Carpeted, Ceramic or Porcelain, Laminate
Building
Foundation Concrete
Sewer Sanitary
Construction Status Approximate
Listed by ROYAL LEPAGE PEIFER REALTY