Situated in a prime central location in Exeter, this fully renovated 11-unit apartment building offers a turnkey investment opportunity in a thriving Southwestern Ontario community. The property features a mix of one and two bedroom units, each thoughtfully updated with modern finishes and functional layouts that appeal to today's tenants. With ample on-site parking, and updated mechanicals, this asset provides investors with a stable and efficient operation from day one. Within walking distance to downtown shops, restaurants, schools, and amenities, the building benefits from strong local rental demand and consistent occupancy. Exeter continues to attract both residents and businesses with its small-town charm, proximity to London, and convenient access to Lake Huron's beaches. Combining quality renovations, a desirable unit mix, and a prime in-town location, this property stands out as a secure, income-producing investment with long-term upside in a steadily expanding market. Exeter continues to demonstrate strong fundamentals. Its central location attracts both long-term residents and commuters working in nearby centres like London and Stratford, creating steady rental demand and low vacancy rates. The local economy is diversified, supported by agriculture, healthcare, education, and growing retail and service sectors. Infrastructure improvements and continued population growth across Huron County further contribute to long-term property appreciation. Exeter offers the rare combination of affordability, consistent returns, and community growth potential. (id:51532)
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| Irregular lot size | Fully air conditioned | ||||
