76 Wellington Street, New Tecumseth, ON L9R 1G8

$859,000
5
BD
3
BA
2,000
SqFt

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List Price
$859,000
MLS#
N13746866
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
New Tecumseth
Area
Simcoe
Neighborhood
Alliston
Subdivision
Wellington

Property Description

Fully renovated legal triplex in the heart of Alliston - a turnkey, separately metered income property built for the hands-off investor. Three self-contained units (two spacious 2-bedrooms and a studio), each finished with a modern kitchen and updated bathroom. With three hydro meters and three gas meters, tenants pay their own hydro and gas, keeping landlord costs and day-to-day management to a minimum. Set on a deep 66 x 165 ft lot with two private driveways and parking for multiple vehicles. The lot's generous depth offers genuine upside - room to add a garden suite or addition for a fourth income stream, subject to municipal approval.Dependable tenancies and steady rental demand in fast-growing New Tecumseth, anchored by the Honda Canada plant and Alliston's expanding employment base. Solid in-place income today with a clear path to add value tomorrow.

Additional Information

Taxes
$4,384
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
3
Exterior
Brick, Concrete Block
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
8

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Calculator source: Real Geeks

Listing courtesy of VANGUARD REALTY BROKERAGE CORP..