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    For Sale - 38 River Drive Unit# 1,2,3, Halton Hills, Ontario

    Est payment $0/mo
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    Time on Jump  1 days

    AI Summary *

    • Legal triplex with three spacious, self-contained 3-bedroom units.
    • Generates approximately $84,900 in gross annual rental income.
    • Each unit has separate utilities, ensuring tenant responsibility for costs.
    • Recent renovations including roof and siding updated in 2025.
    • Includes a detached garage and additional storage for tenants.




    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 $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, unit 2 in 2022, and unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable georgetown location. Property is not selling for 1$
    Listing IDW13845442
    Address38 River Drive Unit# 1,2,3
    CityHalton Hills, Ontario
    Price$1
    Bed / Bath9 / 4 Full
    Style2-Storey, Triplex
    ConstructionBrick, Aluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Water MeterOwnership FreeholdBasement Apartment, FinishedFoundation ConcreteHeating / Cooling OtherHeating Fuel GasSewer Sewer

    Parking 9.00
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    38 River Drive Unit# 1,2,3
    Halton Hills , Ontario
    9 4 $1
    Get more info