This well-maintained, solid brick triplex is well located within walking distance to amenities, making it an ideal addition to your investment portfolio. The property offers two spacious 3-bedroom units and one 2-bedroom unit with a den, all on separate hydro meters with tenants paying their own utilities except water and sewer. One tenant also maintains the lawn, making upkeep simple. Unit 1 on the main floor features a kitchen, living room, two bedrooms, a den, full bathroom, laundry hookup, and hallway storage. Unit 2 on the second floor offers three bedrooms, a living room, kitchen, full bathroom, and storage closet, with the tenant vacating at the end of September. Unit 3, located in the back two-storey addition, includes a kitchen, living room, bedroom, laundry, and deck on the main level, plus two additional bedrooms and a full bathroom upstairs.Recent updates include a durable steel roof and a new deck added in 2021. With net income over $37,000 and an approximate 7.4% rate of return, this property delivers a strong, reliable investment opportunity in a desirable Walkerton location.
| Floor | Type | Size |
|---|---|---|
| Second level | Bathroom | 2.33 m x 2.31 m |
| Second level | Bathroom | 1.98 m x 1.47 m |
| Second level | Bedroom | 4.21 m x 4.08 m |
| Second level | Bedroom | 3.8 m x 3.14 m |
| Second level | Bedroom | 2.87 m x 2 m |
| Second level | Bedroom | 3.86 m x 3.42 m |
| Second level | Bedroom | 3.9 m x 3.42 m |
| Second level | Kitchen | 4.24 m x 3.3 m |
| Second level | Living room | 4.22 m x 4.09 m |
| Main level | Bathroom | 2.92 m x 1.98 m |
| Main level | Bedroom | 3.78 m x 3.27 m |
| Main level | Bedroom | 3.07 m x 2.66 m |
| Main level | Bedroom | 4.14 m x 3.42 m |
| Main level | Foyer | 1.93 m x 1.7 m |
| Main level | Kitchen | 4.62 m x 3.04 m |
| Main level | Kitchen | 4.24 m x 2.71 m |
| Main level | Living room | 5.66 m x 3.35 m |
| Main level | Living room | 4.59 m x 4.19 m |
| Main level | Other | 3.78 m x 2.87 m |
Sales Representative
Looking to buy Real Estate in Hanover or sell your Hanover property? Richard Graham can help.
Office
120 Jackson St S
Walkerton, ON
N0G 2V0
Personal
213461 Baseline Rd.
R. R. #1 Hanover, ON
N4N 3B8
