Inside the home
This is a three-unit income property on a single lot — two older bungalow units side by side, plus a separate two-storey unit built in 2022 with a full basement. All three are currently tenanted month-to-month, so there is income on day one. The two bungalow units are original in character — painted brick, window AC, shared front deck. The 2022 two-storey unit is in noticeably better shape with newer vinyl siding, modern windows, and a full basement. No interior photos were provided, so buyers will need to inspect all three units directly. One thing the aerial photos make clear: there is a large industrial facility directly behind and beside this property. That is worth weighing carefully, depending on your plans for the site.
- Three-unit income property with month-to-month tenants
- 2022-built two-storey unit in good condition with full basement
- Large lot accommodating multiple structures and carport
- Immediate rental income from all three units
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5% cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income with future flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appeals to today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizer hoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential. Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters. Opportunities to own a property like this are few and far between.
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