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$252,000

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531 George Street

Hearst, Ontario P0L1N0

For sale· Added

6 bed3 bath1,500–2,000 sqft

About this home

Some investments feel complicated. Others simply make sense. Located in the heart of Hearst, this well maintained triplex offers the kind of opportunity investors are always hoping to find. With a current cap rate of 5.78%, this property provides a stable and reliable foundation whether you are purchasing your first income property or adding another quality asset to a growing portfolio. The building is home to clean, respectful long term tenants who take pride in where they live, helping create a low maintenance ownership experience. Each unit benefits from two dedicated parking spaces and its own private storage shed, features that tenants appreciate and value. Utilities are paid directly by the tenants, with the exception of water, helping keep operating costs predictable. Recent updates include a newly redone roof, offering added peace of mind for years to come. If you have been searching for an investment that combines steady income, quality tenants, and a convenient location, this triplex is one worth a closer look.

Location

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Property details

Listing

MLS® number
T13786456
Added
Sep 15, 2026 ()
Updated
Sep 15, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
6
Bathrooms
3
Heating
Natural gas
Cooling
None
Fireplace
No
Appliances
Water Heater

Building

Basement
Apartment in basement
Exterior
Vinyl siding
Foundation
Block
Parking
No Garage · 6 spaces

Land

Lot size
66 x 82.5 ft
Zoning
RM1

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
George
Directions
From Hwy 11 turn in 6th Street then on George Street.

Running costs

Annual property tax
$1,914

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$252,000
531 George Street
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