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17 ACADEMY Road, Georgetown — listed at $999,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Purpose-built legal triplex in Georgetown, backing onto a walking trail and ravine with no rear neighbours. Two 2-bedroom units on the main level and one 1-bedroom unit on the lower level, each with its own entrance, bathroom, gas furnace, central air and owned hot water tank. Separate hydro and gas meters for every unit keep owner costs low, with tenants paying their own heat and hydro. Five parking spaces, a common coin laundry room and three private storage lockers. Recent updates include a new hot water tank, plumbing and flooring (2023) and a new A/C unit and dishwasher (2025); roof about 12 years old. All three units are tenanted month to month, with 2027 guideline increases already served. . Located inside the Georgetown GO Major Transit Station Area, close to the GO station on the Kitchener line. A low-maintenance, income-producing building in a growing town. (id:60164)
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
This home was built in 1957 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Is 17 ACADEMY Road a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms (2812 sq ft), there's room for kids plus a guest room or home office.
What's the parking situation?+
This property includes 5 spaces.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,618.3, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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