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For saleMLS® W13845442

38 River Drive 1,2,3, Halton Hills, ON L7G 2J2

Georgetown · L7G 2J2

$1

$0 / sq ft

1 months on market

Bedrooms
6+3
Bathrooms
4
Interior
1,500 sf
Parking
9
Lot
66 × 132 ft

What's special

  • Detached garage
  • Basement apartment
  • 3 fireplaces
  • Carpet free
  • Water meter

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About this property

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

Features

  • Carpet Free
  • Water Meter

Property details

Property

Property type
multiplex
Bedrooms
6 + 3
Bathrooms
4
Interior size
1,500 sq ft
Lot size
66 × 132 ft
Possession
Flex

Interior

Basement
Apartment, Finished
Heating
Other · Gas
Cooling
Other
Fireplaces
3
Exposure
North

Exterior & services

Construction
Brick, Aluminum Siding
Garage
Detached
Parking spaces
9
Sewer
Sewer

Costs

List price
$1
Property taxes
$4,305 / year (2026)
Price per sq ft
$0

Listing

MLS® number
W13845442
Status
For sale
Listed
September 30, 2026
Days on market
35
Last updated
September 30, 2026
Listing brokerage
HOME AND BUSINESS REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment0.0% · minimum $0
$0
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$0.01
Property tax (est.)
$358.75
Estimated monthly
$359

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$0
Total due on closing
$0

An estimate on the asking price of $1. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOME AND BUSINESS REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1

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