About 53-55 Wellington Street
Fully tenanted legal non-conforming triplex in Acton offering 3 self-contained units on a prominent 9,020 sq ft corner lot with LDR1-1 zoning. Current rental income is $2,397/month for Unit 1, $2,397/month for Unit 2, and $2,300/month for Unit 3, for a total gross monthly income of $7,094 and annual gross income of $85,128. All tenants are month-to-month and pay their own utilities, creating a clean income structure for investors. The property is fully occupied and already functioning as a stable income-producing asset from day one, making it an attractive option for buyers seeking immediate revenue without first repositioning or stabilizing the asset. The three-unit configuration also provides a more balanced risk profile than a single-family rental, with income spread across multiple units rather than relying on a single tenant. Positioned on a corner lot, the property benefits from stronger curb presence, easier access, and a more open overall feel than many comparable properties, adding to both tenant appeal and long-term real estate value. Acton continues to draw attention from buyers and renters seeking a more affordable alternative to surrounding markets while still offering practical access to daily amenities, recreation, and GO service. This is the type of location that appeals to tenants looking for value, functionality, and a quieter lifestyle without giving up convenience. Notable updates include a roof approximately 4 years old and a driveway approximately 3 to 4 years old, helping support the property's usability and overall appeal. For investors, the opportunity here is not based on speculation or heavy repositioning, but on acquiring a fully operating multi-unit property with consistent in-place income and gradual upside over time as units turn over naturally and rents are reviewed against market conditions. An excellent opportunity for investors seeking stable cash flow, multiple income streams, and long-term upside in a practical commuter market. (id:6289)
More Info on this 1045 - AC Acton Triplex MLS® listing
53-55 Wellington Street is a triplex listing for sale in Halton Hills (AC Acton). The MLS® number is W13710920. It features 9 bedrooms, 4 bathrooms. It's currently listed for $1,099,000. For more details on MLS® W13710920, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in 1045 - AC Acton is available now!
Selling your 1045 - AC Acton Triplex property?
Have a similar home to 53-55 Wellington Street? If you’re thinking about selling your 1045 - AC Acton triplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Halton Hills (AC Acton) property.
