trreb/IMG-W13845442_0c5d3efd-a88f-4b08-9d93-536973ccb042-l.jpg
3 days on Market

38 River Dr #1,2,3, Halton Hills, Ontario L7G 2J2

Townhouse
6 + 3
4
~1500-2000 sqft
$1
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Townhouse
6 + 3
4
~1500-2000 sqft

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Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$0/sqft

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Description

Exceptional Investment Opportunity in the Heart of Georgetown! This fully legal triplex offers three spacious, self-contained 3-bedroom units, providing an excellent opportunity for investors seeking strong rental income and long-term value. The property generates approximately $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces9
MLS ®NumberW13845442
Community NameGeorgetown
Data SourceTRREB
Listing byHOME AND BUSINESS REALTY

Features

Heating: Other
Cooling: Other
Basement: Apartment, Finished

Features

Lot size: 8,712 SqFt

Parking

Garage spaces 8

Garage type Detached

Other parking spaces 1

Total parking spaces 9


Property History

Sep 30, 2026
ListedActive
$1
3 days on market
history photo preview32
Listing by trreb®
Property listed by HOME AND BUSINESS REALTY, Brokerage
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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

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