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1, 2, 3-38 River Dr, Georgetown, ON

Name: 1, 2, 3 - 38 River Dr, For Sale in Georgetown - eXp Realty
Brand: HOME AND BUSINESS REALTY
SKU: W13845442
Price: 1 CAD

House

For Sale

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949

MLS® W13845442

Property Details
Map

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 $84, 900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$ (id:58753)Show Description

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes $4,305

Days Active 1

MLS® Number W13845442

Central VacNo

FireplaceNo

GarageYes

BasementFinished, Apartment in basement, N/A

DrivewayDetached Garage, Garage

HeatNatural gas, Other

Additional Information

Siding Brick, Aluminum Siding

Sewage System Other

Landscaping Carpet Free

Price History

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

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-End Date

Not Sold YetSold Price

For Sale

Sep 30, 2026List Date

$1List Price

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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