$1,899,900
FOR SALE

Multiplex 3-Storey

Bedrooms: 14Bathrooms: 8Lot: 37.5 x 125 ft
2026 Taxes: $8,467

15 Victoria Ln
Bluewater, ON N0M 2T0 | Zurich | Huron

ATTENTION INVESTORS! Exceptionally easy to manage 6-Cap 8-Plex opportunity generating approximately $120,000 in annual net income: a true Huron County money maker just minutes from Grand Bend, Exeter, and Bayfield, and one of the most effortlessly run rental properties along Ontario's West Coast! This 9-unit multiplex consists of 8 residential apartments plus a superintendent's workshop unit with plumbing, all in excellent condition and fully functional in terms of fixtures and chattel. Currently, 7 units are occupied by long-standing, happy tenants, with one vacant 2-bedroom unit ideal for owner occupancy or immediate lease-up. In total, the building offers six 2-bedroom units, two 1-bedroom units, plus the workshop unit, along with multiple storage rooms and a dedicated meter room. All nine units are separately metered for hydro, simplifying management and expenses. The thoughtfully designed layout includes a 1-bed and 2-bed unit on the ground level, a 1-bed and two 2-bed units on the main level, and three 2-bed units with balconies on the upper level. Every unit is equipped with owned appliances, including in-suite washers & dryers, a fan-favorite feature among tenants. Two large owned hot water heaters are also included. Tenants pay hydro, and operating costs are remarkably low at approximately $15,000-$17,000 annually, resulting in strong and reliable net income for an 8-plex plus workshop unit. All fire code requirements are up to date, the metal roof and insulbrick/vinyl exterior are in excellent condition, and both landscaping and maintenance are refreshingly simple. All debentures have been paid! Located in the heart of Zurich, Ontario, just five minutes from beautiful Lake Huron beaches, this property represents incredible value when compared to today's replacement construction costs. As a turnkey, mindless money-maker and a rare 6-cap income property that stands out among recent multi-plex sales in Huron County, this opportunity will not last long.
Extras
Workbench, Water Heater Owned, Upgraded Insulation
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12945598
Last Updated Apr 01, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 412220206
Legal Description PT LT 13 PL 320 ZURICH; PT LT 14 PL 320 ZURICH PTS 1 & 2, 22R1980; MUNICIPALITY OF BLUEWATER
Possession Date Can close right away to facilitate the new owner earning immediate income
Taxes (2026) $8,467
Directions/Cross Streets Mill Avenue
Neighbourhood Zurich
Area Huron
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Included Cable TV
Bedrooms 14
Bathrooms 8
Lot 37.5 x 125 ft
Exterior Brick
Air Conditioning Window Unit(s)
Family Room Y
Basement Walk-Out
Garage Type None
Parking Spaces 13
Heat Source Electric
Heat Type Baseboard
Sewers Sewer

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