For sale 50Contact for price
38 River Drive #1,2,3
Georgetown, Halton Hills, Ontario L7G2J2
For sale· Added
About this home
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 $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$
Location
Map data © OpenStreetMap contributors
Upcoming open housesSee all Halton Hills open houses
No open houses are scheduled for this home.
Can't make it? Request a private viewing.
Property details
Listing
- MLS® number
- W13845442
- Added
- Sep 30, 2026 ()
- Updated
- Sep 30, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Storeys
- 2
Inside
- Bedrooms
- 6+3
- Bathrooms
- 4
- Heating
- Natural gas, Other
- Fireplace
- Yes (3)
- Appliances
- Refrigerator, Water meter, Window Coverings
- Features
- Carpet Free
Building
- Basement
- Finished, Apartment in basement
- Exterior
- Brick, Aluminum siding
- Foundation
- Concrete
- Parking
- Detached Garage, Garage · 9 spaces
Land
- Lot size
- 66 x 132 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity
Location
- Cross streets
- Mountainvew Rd @ River Dr
- Directions
- river drive second building on the right after mountain view.
Running costs
- Annual property tax
- $4,305
Similar homes in Halton Hills
For sale 50









