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53-55 WELLINGTON STREET, Halton Hills (AC Acton) — listed at $1,099,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Fully tenanted legal non-conforming triplex in Acton offering 3 self-contained units on a prominent 9,020 sq ft corner lot with LDR1-1 zoning. Current rental income is $2,397/month for Unit 1, $2,397/month for Unit 2, and $2,300/month for Unit 3, for a total gross monthly income of $7,094 and annual gross income of $85,128. All tenants are month-to-month and pay their own utilities, creating a clean income structure for investors. The property is fully occupied and already functioning as a stable income-producing asset from day one, making it an attractive option for buyers seeking immediate revenue without first repositioning or stabilizing the asset. The three-unit configuration also provides a more balanced risk profile than a single-family rental, with income spread across multiple units rather than relying on a single tenant. Positioned on a corner lot, the property benefits from stronger curb presence, easier access, and a more open overall feel than many comparable properties, adding to both tenant appeal and long-term real estate value. Acton continues to draw attention from buyers and renters seeking a more affordable alternative to surrounding markets while still offering practical access to daily amenities, recreation, and GO service. This is the type of location that appeals to tenants looking for value, functionality, and a quieter lifestyle without giving up convenience. Notable updates include a roof approximately 4 years old and a driveway approximately 3 to 4 years old, helping support the property's usability and overall appeal. For investors, the opportunity here is not based on speculation or heavy repositioning, but on acquiring a fully operating multi-unit property with consistent in-place income and gradual upside over time as units turn over naturally and rents are reviewed against market conditions. An excellent opportunity for investors seeking stable cash flow, multiple income streams, and long-term upside in a practical commuter market. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 3.68 x 2.77 meters |
| Dining room | Main level | 4.75 x 3.04 meters |
| Living room | Main level | 4.38 x 3.93 meters |
| Kitchen | Main level | 4.6 x 2.83 meters |
| Bedroom | Second level | 3.53 x 2.98 meters |
| Primary Bedroom | Second level | 3.93 x 2.77 meters |
| Kitchen | Main level | 5.51 x 3.96 meters |
| Bedroom | Second level | 3.56 x 2.95 meters |
| Kitchen | Main level | 4.99 x 2.52 meters |
| Bedroom | Second level | 3.68 x 2.89 meters |
| Primary Bedroom | Second level | 3.53 x 3.52 meters |
| Living room | Main level | 3.93 x 3.38 meters |
| Bedroom | Second level | 3.29 x 2.16 meters |
| Living room | Main level | 4.99 x 4.05 meters |
| Bedroom | Second level | 3.68 x 2.83 meters |
| Bedroom | Second level | 3.56 x 2.95 meters |
| Dining room | Main level | 3.93 x 3.62 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,978.15, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 7 spaces — Attached Garage, Garage.
What makes this a luxury property?+
At $1,099,000, standout features include 4 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Does it have a basement, and is it finished?+
Yes — Unfinished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 9 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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