This Lynden triplex (single family home set up as 3 units) offers exceptional versatility for both BUYER'S & INVESTOR'S alike. Owner-occupiers can move into the vacant, ~1196 sq ft, 3-bedroom main-floor unit and enjoy rural living on 0.7 acres with an abundance of parking, and updated mechanicals-while over $3,400/month in existing rent significantly offsets carrying costs and leaves room for future upside. Investors will value the $6,100.00/month in income potential across a strong unit mix-renovated 2-bed ($1,979 + hydro), 1-bed ($1,429 inclusive), and a vacant 3-bed projected at $2,700 + hydro-supported by consistent rural tenant demand, low vacancy risk, and a turnkey, low-maintenance setup that delivers long-term stability. (id:4555)
PROPERTY SPECS
Price $1,150,000
City Lynden, Ontario
Bed / Bath 6 / 3 Full
Address 258 LYNDEN Road
Listing ID 40841700
Style Triplex
Parking 8.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Community FeaturesSchool BusFeaturesPaved driveway, Crushed stone drivewayOwnershipFreeholdBasementUnfinished, FullHeating / CoolingForced air, Natural gasSewerSeptic SystemParking8.00