19 ADAM Street, Seaforth, Ontario N0K1W0

Property Description

Welcome to 19 Adam Street in the charming community of Seaforth, a well-maintained legal triplex offering an excellent investment opportunity or a versatile option for multi-generational living. With two units currently vacant, this property provides immediate flexibility for investors looking to set their own rents, or for buyers who wish to live in one unit while generating rental income from the others. Priced to deliver a very desirable cap rate, the property also presents attractive financing potential and multiple ownership strategies. The building has been carefully maintained and updated over the years. Major recent improvements include a new heat pump and gas furnace installed in 2025, a durable metal roof, and upgraded insulation with cellulose in the walls and spray foam in the compounded roofs for improved efficiency and comfort. Unit 1 features a fully renovated kitchen and bathroom completed in 2025, while Units 1 and 2 received new countertops and updated fixtures in both kitchens and bathrooms in 2026. Two of the units also feature natural gas fireplaces located in the living rooms of Unit 1 and Unit 3, adding warmth and character to the living spaces. A chair lift is currently installed in one unit and can remain for accessibility or be removed depending on the buyer’s preference. This property is located in a quiet rural community that offers a relaxed lifestyle while still providing convenient access to everyday essentials. Residents enjoy nearby local shopping including groceries, hardware stores, and light industry. Outdoor enthusiasts will appreciate being just 15 min. from Hullett Wildlife Conservation Area, a beautiful destination for hiking, birdwatching, and nature activities. The larger centres of Goderich and Stratford are both within approximately 30 min., offering additional dining, entertainment, and cultural attractions. Whether you are an investor or a family, this property presents a rare opportunity in a peaceful small-town. (id:5764)