$439,900
Available - For Sale
Listing ID: X12248749
502 Bruce Stre , South Bruce Peninsula, N0H 1P0, Bruce
| This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns with a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio! |
| Price | $439,900 |
| Taxes: | $2548.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 502 Bruce Stre , South Bruce Peninsula, N0H 1P0, Bruce |
| Postal Code: | N0H 1P0 |
| Province/State: | Bruce |
| Legal Description: | PT LT 50 PL 269 AS IN R347035 TOWN OF SO |
| Directions/Cross Streets: | Bruce Street and Sophia Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2606.00 |
| Total Area Code: | Square Feet |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Grey Bruce Realty Inc. |
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Bruce |
| Municipality: | South Bruce Peninsula |
| Neighbourhood: | South Bruce Peninsula |
| Tax: | $2,548 |
| Fireplace: | N |
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