Situated in a prime central location in Exeter, this fully renovated 10 units with a management suite 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.
Address
370 William Street
List Price
$3,400,000
MLS® Status
Extension
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
South Huron
Sub-Area
Exeter
Region
Huron
Bedrooms
12
Bedrooms (Total)
12
Rooms Above Grade
43
Bathrooms
11
Floor Area
5000 + Sq. Ft.
Lot Depth
141.46
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
92.23
Parcel Number
412390132
Occupant Type
Tenant
Cross Street
WILLIAM & JOHN ST W
MLS® Number
X12556694
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Basement Area
Crawl Space
Postal Code
N0M 1S2
Posession Details
Flexible
Parking
Available, Private
Parking Places (Total)
17
Parking Spaces
17
Tax Amount
$5,447.00
Tax Year
2025
Interior Features
Carpet Free, Separate Hydro Meter, Separate Heating Controls
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
Wall Unit(s)
Construction Materials
Aluminum Siding, Brick
Direction Faces
East
Fireplace
No
Foundation Details
Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
10
Kitchens Above Grade
10
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 183 PL 376 EXETER; PT LT 184 PL 376 EXETER PTS 2 & 3, 22R4149, S/T R267001 MUNICIPALITY OF SOUTH HURON
Topography
Flat
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.45 x 3.91 | |
| Main | Bedroom | 3.3 x 2.82 | |
| Main | Bathroom | 2.87 x 1.55 |