38 River DR #1,2,3, Halton Hills, ON L7G 2J2
38 River DR #1,2,3, Halton Hills, ON L7G 2J2
38 River DR #1,2,3, Halton Hills, ON L7G 2J2
38 River DR #1,2,3, Halton Hills, ON L7G 2J2
38 River DR #1,2,3, Halton Hills, ON L7G 2J2
38 River DR #1,2,3, Halton Hills, ON L7G 2J2
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$ 1
Est. payment | /mo

6 Beds

4 Baths


Save
$ 1
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Georgetown

MLS Listing ID W13845442

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,305

Tax Year 2026

Property Sub-Type Triplex

Property Description

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 $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$

Location

State ON

County Halton

Area Halton

Rooms

Family Room No

Basement Apartment, Finished

Kitchen 3

Separate Den/Office 3

Interior

Interior Features Carpet Free, Water Meter

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 8.0

Pool None

Roof Type Shingles

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 9

Building

Foundation Concrete

Others

ParcelsYN No

Listed by HOME AND BUSINESS REALTY

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38 River DR #1,2,3