An exceptional investment opportunity in this fully rented, income-generating three-unit property. With one 1-bedroom, one 2-bedroom, and one 3-bedroom apartment, this building offers a balanced mix of unit sizes to attract a diverse tenant base—an ideal setup for steady rental income. Each unit is currently leased on fixed-term agreements, providing financial stability and peace of mind for any investor. Centrally located in Bridgewater, near the Kinsmen Field, all shops, restaurants and steps from King Street for all amenities. The current owners have completed numerous important upgrades over the past few years, ensuring the property is not only well-maintained but positioned for long-term success. Improvements include new insulation and siding, updated decking and steps, new windows and doors, an upgraded furnace, a new hot water tank, and a recently replaced roof on the backside of the building. This is a turn-key investment with strong rental history, professional upkeep, and a structure that’s been thoughtfully improved in a great location. Whether you're looking to expand your portfolio, live in one unit and rent the rest, or secure your first income property, this building is already delivering returns—and ready to continue doing so from day one.
From Bridgewater, turn off Dufferin onto Maple St. Sign posted
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
IRREGULAR
Lot Size:
4,304 sq. ft.400 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1915
(Age: 110)
Age:
110
# Floors:
3
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Full, Walkout
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Hot Water
Fuel:
Oil
Parking:
Yes
Parking Description:
Shared, parking spaces
Driveway:
Parking Spaces(s), Shared
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
1
Num 2 Bed Units:
1
Num 3 Bed Units:
1
Rental Income:
Yes, 38980.00
Approx. Net Income:
21669.45
Insurance Expense:
2855.00
Taxes Costs:
5531.99
Maintenace:
3968.04
Heating Bill:
4907.54
Approx. Total Expense:
17310.55
Approx. Total Income:
38980.00
Golf Course, Marina, Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
Data was last updated June 13, 2025 at 01:20 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$609,900
Min list price:
$229,900
Max list price:
$1,800,000
Avg days on market:
85
Min days on market:
4
Max days on market:
920
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations.