trreb/IMG-W13878246_788367d2-2a15-41ac-a0b2-3ba3ad41d92e-l.jpg
1 day on Market

29 Langstone Cres, Halton Hills, Ontario L7G 4N2

Townhouse
10 + 1
4
~2000-2500 sqft
$725,000
Get pre-qualifiedPowered by nesto
Townhouse
10 + 1
4
~2000-2500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$326/sqft

Monthly cost

Open Calculator

Description

Located in a mature Georgetown neighborhood, this legal non-conforming Boarding/lodging home delivers impressive value with income potential and long-term growth prospects. Offering 10 bedrooms above grade and more than 2,000 square feet of living space, this property is ideal for investors seeking strong cash flow and multiple rental configurations. Positioned near the heart of town, it is just an eight-minute drive to the Georgetown train station and a 10-minute walk to shops, and amenities-making it highly attractive to prospective tenants. The property currently produces a ROI with stable, long-term tenants whom are willing to remain, ensuring immediate returns. Additionally, the spacious layout provides an opportunity to enhance rental income through renovations or by accommodating larger tenant groups. The basement adds approximately 560 square feet of partially finished space, including two additional washrooms requiring renovation-offering additional living space. Upgrades include roof (2017), vinyl windows less then 15 years old, and laminate flooring on the second floor (2014) and main floor (2015). Licensed as a boarding and lodging establishment since 1991, this property also benefits from a driveway updated in 2013 with furnace and A/C updated 2023. With strong financials, ongoing tenant demand, and multiple value-add opportunities, this legal non-conforming rooming house stands out as a rare high-yield investment to match today's standards, this property can offer a great supplement to income or help pay for mortgage, maintenance and utilities.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size5,650 SqFt(113 x 50)
Parking Spaces6
MLS ®NumberW13878246
Community NameGeorgetown
Data SourceTRREB
Listing byiCloud Realty Ltd.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Basement: Sep Entrance, Part Fin

Features

Lot size: 5,650 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 5

Total parking spaces 6


Property listed by iCloud Realty Ltd., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 41685
Average household income $167,345

Age (%)

0 to 19
25%
20 to 34
17%
35 to 49
21%
50 to 64
23%
65 and plus
15%

Household composition (%)

Single family
77%
Single person
19%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
87%
Others
4%
Portuguese
2%
Polish
2%
French
2%
Croatian
1%
Spanish
1%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget