$1
Halton Hills
#1,2,3 38 River Drive, Halton Hills (Georgetown), Ontario, L7G2J2
This multi-family property in Halton Hills is for sale offering roughly 1,750 sq ft of space. It has been on the market 35 days, fresher than the Halton Hills average of 67 days.
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 $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$ (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
This 9-bed multi-family in Halton Hills (Georgetown) has been listed for 35 days, which is 32 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Source: Statistics Canada, 2021 Census (FSA L7G)
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Loading rates, 30-yr amortization
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