Property Description
Exceptional Multi-Residential Investment Opportunity in the Heart of Georgetown!Discover this fully renovated, cash-flow positive triplex offering a rare blend of immediate income and long-term growth. Perfect for savvy investors or first-time buyers looking to offset their mortgage, this property features three spacious 2-bedroom, 1-bathroom units each with ensuite laundry, private entrances, and individual hydro meters for effortless management.Enjoy a 6% Cap Rate and the flexibility to live in one unit while renting the others, creating a low-stress path to homeownership or portfolio expansion. With parking for up to nine vehicles, a storage shed, and patio area, the property is move-in ready with added lifestyle perks.The adjacent vacant lot presents a valuable development opportunity, with potential to build three additional units, maximizing your ROI.All this, just steps from the GO Station, downtown Georgetown, shops, restaurants, and top-rated schools. This is a turn-key property with huge upside rare find.
Show MoreLocation Description
Ewing St/Main St N
Property Details
- Community: Georgetown
- Property Type: Tenant/Residential Freehold
- Bedrooms: 6
- Bath: 3
- Garages: None
- Annual Property Taxes : $ 3904
Building Features
- Foundation Type: Concrete Block
- Counstruction Material : Stucco (Plaster)
- Total Parking Space : 9
- Parking Type : None
Building Features
- Heating : Forced AirElectric
- Sewer : Sewer ,
Rooms
Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed By Agents Details
Neerajan Vijayakanthan
Realtor
RE/MAX ACE REALTY INC.,
3-1266 Kennedy Rd ,
Toronto , ON M1P 2L5
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