502 BRUCE STREET, South Bruce Peninsula, Ontario, CA

Address: 502 BRUCE STREET, South Bruce Peninsula, Ontario

0 Beds0 Baths2606 sqftStatus: Buy
Price $439,900

Property Overview


This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns with a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
2606 sqft
Community Name
South Bruce Peninsula
Land Size
64 x 264 FT
Building
Interior Features
Appliances Included
Dryer, Washer
Building Features
Features
Irregular lot size
Square Footage
2606 sqft
Heating & Cooling
Heating Type
Hot water radiator heat
Parking
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
C1A
Features
           Irregular lot size            Dryer            Washer
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Your Home Finance Calculation

Property Price CA $439,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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