231 Wellington St N

About this Property

10-Unit Investment Opportunity! A true jewel for any real estate portfolio! This impressive 10-plex is in absolutely fantastic condition being exceptionally well maintained, offering investors a rare turnkey opportunity. The building features a desirable mix of 3 two-bedroom units and 7 one-bedroom units, fully tenanted, with mostly long-term tenants. Situated in a great location featuring 20 plus parking spaces, this property combines strong rental appeal with pride of ownership throughout. Fully Fire Department compliant with annual inspections done by a Fire Protection Company. Building had complete new roof installed by Smith Peat Roofing in 2020. All windows and doors have been progressively upgraded . Well cared for, fully occupied and offering multiple income streams under one roof. Expenses for the year 2025 included in the attachments as well as current Rental Income. This is an outstanding opportunity for an investor looking to add a quality multi-residential property to their portfolio.

Listing Details

MLS #

X13742734

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Garage

None

Basement

N

Heating

Elec Forced Air

Cooling

Y

Lot Size

124.28 × 192.43 ft

Annual Taxes

$18,351/yr

Listed By (Primary)

Century 21 Heritage House Ltd Brokerage

Co-Listed By

REMAX a-b Realty Ltd Brokerage

Listed On

September 2, 2026

Features & Extras