$899,900

Investment For Sale In New Tecumseth, Ontario

$899,900

Property Information:

Fully renovated legal triplex in the heart of Alliston - a turnkey, separately metered income property built for the hands-off investor. Three self-contained units (two spacious 2-bedrooms and a studio), each finished with a modern kitchen and updated bathroom. With three hydro meters and three gas meters, tenants pay their own hydro and gas, keeping landlord costs and day-to-day management to a minimum. Set on a deep 66 x 165 ft lot with two private driveways and parking for multiple vehicles. The lot's generous depth offers genuine upside - room to add a garden suite or addition for a fourth income stream, subject to municipal approval.Dependable tenancies and steady rental demand in fast-growing New Tecumseth, anchored by the Honda Canada plant and Alliston's expanding employment base. Solid in-place income today with a clear path to add value tomorrow. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick, Aluminum siding, Concrete Block
  • Fireplace: Yes
  • Floor Space: 2000 - 2500 sqft
  • Flooring Type: Laminate, Tile
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Microwave, Hood Fan, Stove, Window Air Conditioner, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 165.2 Feet
  • Lot Frontage: 67 Feet
  • Lot Size: 67 x 165.2 FT
  • Zoning: C3
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Rooms:

  • Bedroom 2nd Level 5.33 m x 2.17 m
  • Kitchen 2nd Level 3.05 m x 3.96 m
  • Living 2nd Level 3.35 m x 3.96 m
  • Primary Bedroom 2nd Level 3.96 m x 3.05 m
  • 2nd Bedroom 2nd Level 3.35 m x 2.74 m
  • Kitchen 2nd Level 4.01 m x 2.71 m
  • Kitchen Main Level 4.57 m x 4.27 m
  • Living Main Level 4.88 m x 3.66 m
  • Primary Bedroom Main Level 4.88 m x 4.27 m
  • 2nd Bedroom Main Level 3.35 m x 3.05 m
  • Foyer Main Level 2.20 m x 3.10 m

Courtesy of: VANGUARD REALTY BROKERAGE CORP.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.