76 WELLINGTON STREET, New Tecumseth (Alliston)
$899,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® N13515934
- 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.
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