76 WELLINGTON STREET, New Tecumseth (Alliston)

$859,000

For sale: Multiplex

Multiplex at 76 WELLINGTON STREET, New Tecumseth (Alliston)
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® N13746866
Neighbourhood
Alliston

Fully renovated legal triplex in the heart of Alliston - a turnkey, separately metered income property built for the hands-off investor. Three self-contained units (two spacious 2-bedrooms and a studio), each finished with a modern kitchen and updated bathroom. With three hydro meters and three gas meters, tenants pay their own hydro and gas, keeping landlord costs and day-to-day management to a minimum. Set on a deep 66 x 165 ft lot with two private driveways and parking for multiple vehicles. The lot's generous depth offers genuine upside - room to add a garden suite or addition for a fourth income stream, subject to municipal approval.Dependable tenancies and steady rental demand in fast-growing New Tecumseth, anchored by the Honda Canada plant and Alliston's expanding employment base. Solid in-place income today with a clear path to add value tomorrow.

Sold data

Homes in New Tecumseth (Alliston) — recent sold market

Homes in New Tecumseth (Alliston) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 69, across 173 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $779,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$779,900
Sale-to-list ratio
97.1%
Sold above asking
9%

Based on 173 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 76 WELLINGTON STREET