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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Terry Riddoch • Re/Max Real Estate Centre Inc.

$999,000

Est. payment - /mo

5 Beds

3 Baths

1,875 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,875 sqft

Price per Sqft $532

MLS Listing ID 40873577

Bedrooms 5

Abv Grd Liv Area 2,812

Year Built 1957

Annual Tax Amount $4,618

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Purpose-built legal triplex in Georgetown, backing onto a walking trail and ravine with no rear neighbours. Two 2-bedroom units on the main level and one 1-bedroom unit on the lower level, each with its own entrance, bathroom, gas furnace, central air and owned hot water tank. Separate hydro and gas meters for every unit keep owner costs low, with tenants paying their own heat and hydro. Five parking spaces, a common coin laundry room and three private storage lockers. Recent updates include a new hot water tank, plumbing and flooring (2023) and a new A/C unit and dishwasher (2025); roof about 12 years old. All three units are tenanted month to month, with 2027 guideline increases already served. . Located inside the Georgetown GO Major Transit Station Area, close to the GO station on the Kitchener line. A low-maintenance, income-producing building in a growing town.

Location

Province ON

County Halton

Area 3 - Halton Hills

Zoning LDR1-2(MN)

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Built-in Microwave, Hot Water Tank Owned

Laundry Coin Operated, Common Area

Exterior

Exterior Feature Backs on Greenbelt

Parking Features Asphalt

Roof Type Asphalt Shing

Street Surface Paved

Lot Frontage 50.06

Lot Depth 120.17

Garage No

Building

Lot Description Irregular Lot, Hospital, Library, Park, Public Transit, Schools, Trails

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 250370024

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative License ID: 4729737

17 Academy Road Georgetown, ON L7G 3N7

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

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17 Academy Road