
Howick, ON N0G 1X0
Located in the quiet community of Gorrie, this triplex presents a solid opportunity for anyone looking to step into real estate investment or make a smart move toward more affordable homeownership. The property features three separate units, including one 1 bedroom, one 2 bedroom, and one 3 bedroom layout, each well cared for and full of character. With reliable tenants already in place who take pride in their spaces, there's an immediate sense of stability that makes this an easy property to step into and manage.Whether you're looking to build your portfolio or live in one unit while the others help carry the mortgage, this setup offers flexibility that can work in a number of ways. One of the units spans over 1,200 square feet, offering a larger layout that stands out for both living space and rental appeal. Set in a small town setting with steady demand for rental housing, this property brings together location, practicality, and long term potential in one place.Major updates in the last two years take much of the heavy lifting off the next owner, new exterior siding with insulation, updated water lines, a new hot water heater, fully renovated kitchens and washrooms in two of the three units, and fresh paint throughout. If you've been waiting for the right opportunity to get started or expand, this could be worth a closer look.Reach out today for the full investment package, rental income, floor plans, and everything you need to make a confident decision.
TRREB MLS® Attribution
MLS® X13011726
Listed by REAL BROKER ONTARIO LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,051
/month · $499,920 mortgage
Amortization
Total Interest
$415,521
Total Cost
$915,441
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REAL BROKER ONTARIO LTD.