10 LINCOLN STREET
Ajax (Central West), Ontario
MLS® E13817988
$1,999,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- E13817988
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
Listing description
Rare opportunity to own a beautifully renovated legal triplex in the heart of Pickering Village, Ajax. This exceptional property offers three spacious 2-bedroom units, each fully renovated with modern kitchens, updated bathrooms and flooring. Situated on an expansive lot with 8 parking spaces plus a 2-car garage, this property offers an excellent opportunity for an investor seeking income-producing units with the flexibility for owner-occupancy or multi-generational living.
Additional rental income potential from parking and garage space. Each apartment has a separate hydro meter, with hydro paid directly by the tenants. The property also features a high-efficiency tankless combination heating and hot water system.
Situated within steps of all local Pickering Village amenities, including adjacent commercial laundry and wash-and-fold services. Seller-provided estimated market rents: *Main floor 2 bedroom with w/o to fenced yard - $2,800 plus hydro* *Second floor 2 bedroom $2,600 plus hydro* *Third floor 2 bedroom (temporarily occupied by a friend of the Seller) $2,500 plus hydro = $94,800* -- Annual operating expenses: Property Taxes $7,699 (2026) -- Property Insurance $3,030 -- Gas (Tankless heat & hot water) $1201. -- Hydro $663 (This is for the house meter, apartments have separate meters paid by tenants -- Water/sewer $1,338 -- Snow & grass $2,202 = $16,133
Property summary
- MLS® number
- E13817988
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 2,700 sq ft
- Land size
- 0.27 acres
- Annual property taxes
- $7,699.00
- Parking
- 10 spaces
- Days on market
- 20 days
Features & details
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
- Appliances
- Dishwasher, Microwave
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max Hallmark First Group Realty Ltd., Whitby.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.