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38 River DR #1, 2, 3 Halton Hills, ON L7G 2J2
6 Beds
4 Baths
UPDATED:
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
Province 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