53-55 WELLINGTON STREET
Halton Hills, Ontario, L7J2H1
For Sale | class="container" id="details-container",197,000 | 9 beds | 4 baths
Key facts
- Property type: Multi-family
- Structure: Triplex
- Transaction: For Sale
- Price: class="container" id="details-container",197,000
- Bedrooms: 9
- Bathrooms: 4
- Lot size: 108 x 76.7 FT ; Corner Lot
- Parking: 7
- Listing key: 29648558
Listing overview
Fully tenanted legal non-conforming triplex in Acton offering 3 self-contained units on a prominent 9,020 sq ft corner lot with LDR1-1 zoning. Current rental income is $2,397/month for Unit 1, $2,397/month for Unit 2, and $2,300/month for Unit 3, for a total gross monthly income of $7,094 and annual gross income of $85,128. All tenants are month-to-month and pay their own utilities, creating a clean income structure for investors. The property is fully occupied and already functioning as a stable income-producing asset from day one, making it an attractive option for buyers seeking immediate revenue without first repositioning or stabilizing the asset. The three-unit configuration also provides a more balanced risk profile than a single-family rental, with income spread across multiple units rather than relying on a single tenant. Positioned on a corner lot, the property benefits from st...

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