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 property 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!
14 bedrooms, 8 bathrooms, about 5,000 sq ft, works out to roughly $320 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 15 Victoria Lane
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Parking
13 spaces
Basement
Full, Finished
Features & systems
Parking & garage
Parking spaces
13
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0.104
Listing & possession
Property style
3-Storey
Property class
Multiplex
15 Victoria Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14139578$1,599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 15 Victoria Lane Compares to the Bluewater Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,860
/mo
based on the purchase price of $1,599,900
$319,980 cash
$1,279,920 financed
$1,078,029 total interest
Principal54%$1,279,920
Interest46%$1,078,029
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 15 Victoria Lane
Homes for sale in Bluewater
Every active Bluewater MLS® listing, updated all day.
Average days on market69Homes sold in about 69 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings167Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with May 6 – Aug 4, 2026: prices down.
Based on 55 sales from Aug 4 – Nov 2, 2026 (48 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 15 Victoria Lane
How much is 15 Victoria Lane listed for?
15 Victoria Lane is listed at $1,599,900 (MLS® X14139578). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,900 a good price for 15 Victoria Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Bluewater. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 15 Victoria Lane changed?
No — 15 Victoria Lane is still listed at its original asking price of $1,599,900.
How many bedrooms and bathrooms does 15 Victoria Lane have?
15 Victoria Lane has 14 bedrooms and 8 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Bluewater.
How much would the monthly mortgage be on 15 Victoria Lane?
About $7,860 a month — principal and interest on $1,599,900 with 20% down ($319,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 15 Victoria Lane compare with other homes in Bluewater?
Its asking price of $1,599,900 is about 143% above the median sold price in Bluewater over the last 90 days, $659,000, across 55 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 15 Victoria Lane been sold before?
Summitly has no earlier MLS® sale or lease of 15 Victoria Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 15 Victoria Lane?
15 Victoria Lane is in Bluewater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 15 Victoria Lane been on the market?
15 Victoria Lane was listed today (November 2, 2026).
What is the price per square foot of 15 Victoria Lane?
About $320 per square foot: the asking price of $1,599,900 over the 5,000 sq ft the listing gives.
Does 15 Victoria Lane have parking or a garage?
Yes — the listing gives 13 parking spaces.
Does 15 Victoria Lane have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
