$ 1
-
$1
Price -
9
Bed -
4
Bath -
1,500
SqFt -
0.2
Acre
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About the Listing 390500 -
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 Highlights for 38 River Drive 1,2,3
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Basement: Apartment,Finished
- Other: Carpet Free,Water Meter,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: Private,Detached,Has Garage
Financial Details
- Tax Amount: $4,305
- Taxes w/Assessments: N/A
- Tax/Property ID: 250580007
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
38 River Drive 1,2,3 Halton Hills, ON L7G 2J2
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