$1
Available - For Sale
Listing ID: W13845442
38 River Drive , Halton Hills, L7G 2J2, Halton
| Exceptional Investment Opportunity in the Heart of Georgetown! This fully legal triplex offers three spacious, self-contained 3-bedroom units, providing an excellent opportunity for investors seeking strong rental income and long-term value. The property generates approximately $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$ |
| Price | $1 |
| Taxes: | $4305.00 |
| Occupancy: | Tenant |
| Address: | 38 River Drive , Halton Hills, L7G 2J2, Halton |
| Directions/Cross Streets: | Mountainvew Rd @ River Dr |
| Rooms: | 10 |
| Rooms +: | 5 |
| Bedrooms: | 6 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 3 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick, Aluminum Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| HOME AND BUSINESS REALTY |
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Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Halton |
| Municipality: | Halton Hills |
| Neighbourhood: | Georgetown |
| Style: | 2-Storey |
| Tax: | $4,305 |
| Beds: | 6+3 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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