$1,099,000
Available - For Sale
Listing ID: W13710920
53-55 Wellington Street , Halton Hills, L7J 2H1, Halton
| Fully tenanted legal non-conforming triplex in Acton offering 3 self-contained units on a prominent 9,020 sq ft corner lot with LDR1-1 zoning. Current rental income is $2,397/month for Unit 1, $2,397/month for Unit 2, and $2,300/month for Unit 3, for a total gross monthly income of $7,094 and annual gross income of $85,128. All tenants are month-to-month and pay their own utilities, creating a clean income structure for investors. The property is fully occupied and already functioning as a stable income-producing asset from day one, making it an attractive option for buyers seeking immediate revenue without first repositioning or stabilizing the asset. The three-unit configuration also provides a more balanced risk profile than a single-family rental, with income spread across multiple units rather than relying on a single tenant. Positioned on a corner lot, the property benefits from stronger curb presence, easier access, and a more open overall feel than many comparable properties, adding to both tenant appeal and long-term real estate value. Acton continues to draw attention from buyers and renters seeking a more affordable alternative to surrounding markets while still offering practical access to daily amenities, recreation, and GO service. This is the type of location that appeals to tenants looking for value, functionality, and a quieter lifestyle without giving up convenience. Notable updates include a roof approximately 4 years old and a driveway approximately 3 to 4 years old, helping support the property's usability and overall appeal. For investors, the opportunity here is not based on speculation or heavy repositioning, but on acquiring a fully operating multi-unit property with consistent in-place income and gradual upside over time as units turn over naturally and rents are reviewed against market conditions. An excellent opportunity for investors seeking stable cash flow, multiple income streams, and long-term upside in a practical commuter market. |
| Price | $1,099,000 |
| Taxes: | $4978.15 |
| Occupancy: | Tenant |
| Address: | 53-55 Wellington Street , Halton Hills, L7J 2H1, Halton |
| Directions/Cross Streets: | Queen/Wellington |
| Rooms: | 18 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base, Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Attached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Fenced Yard, Golf |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Corner Lot
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Halton |
| Municipality: | Halton Hills |
| Neighbourhood: | 1045 - AC Acton |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,978.15 |
| Beds: | 9 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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