1580 Wellington Street East

Brick Triplex with Excellent Income Potential! Opportunity knocks with this spacious brick triplex, ideally suited for an investor or owner-occupier looking to build equity while generating rental income. The main-level 3-bedroom unit will be vacant November 1st, while the 1-bedroom unit is currently owner-occupied and will be vacant upon possession, giving the new owner the flexibility to occupy one of the units, renovate, or establish their own market rents.

The main-level unit features 3 bedrooms, in-suite laundry hook-ups, and direct access to a deck and fenced backyard. The second level offers a 1-bedroom unit, while the bright and spacious 2-bedroom lower-level unit, fully renovated in 2014, is currently tenanted and includes its own laundry. All three units have separate hydro, baseboard heat, and hot water tanks, making this a practical setup for ownership and rental management.

The property also offers parking for 3+ vehicles, along with the added convenience of an attached garage. With two units becoming available and a tenanted 2-bedroom unit providing ongoing rental income, this property offers excellent flexibility for both investors and owner-occupiers. Live in one unit while generating income from the others, or take advantage of the opportunity to set your own market rents.

Contact your preferred Realtor®? today to book your private showing!