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$439,900
Available - For Sale
Listing ID: X12248749
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!
Price $439,900
Taxes: $2,548
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 502 Bruce Stre , South Bruce Peninsula, N0H 1P0, Bruce
Postal Code: N0H 1P0
Province/State: Bruce
Legal Description: PT LT 50 PL 269 AS IN R347035 TOWN OF SO
Directions/Cross Streets: Bruce Street and Sophia Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,606
Total Area Code:  Square Feet
Maintenance: 0
Expenses Actual/Estimated: $Act
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Grey Bruce Realty Inc.

502 Bruce Stre , South Bruce Peninsula, N0H 1P0, Bruce


 
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Type: Com - Investment
Area: Bruce
Municipality: South Bruce Peninsula
Neighbourhood: South Bruce Peninsula
Style:
Lot Size: x 264.00(Feet)
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Tax: $2,548
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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