$1,119,000 - 17 Academy Road, Halton Hills
Multi-Family for Sale in Halton Hills
140 days on market- MLS Number
- W12465019
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 140
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Halton Hills
- Listing Brokerage
- Royal Lepage Real Estate Associates
Prime Investment & Multi-Generational Living: Legal Triplex Opportunity. Academy Road is currently undergoing an exciting rejuvenation, transforming it into an even more desirable and vibrant area. This period of enhancement presents a unique and rare opportunity for you to secure a prime piece of real estate and build the custom dream home you've always envisioned. Don't miss the chance to invest in a neighborhood on the rise and perfectly position your future in this revitalized locale! What an opportunity! A truly rare find-a meticulously maintained and Legal Triplex designed built from the ground up for superior efficiency functionality. This property presents the perfect solution for a savvy investor seeking immediate, stable cash flow, or a multi-generational family looking for a quality, co-living arrangement with complete privacy. Legal & Purpose-Built: Built as a Triplex, all details are well-planned & designed, ensuring compliance & long-term value. Triple-Net Savings: All three units are separately metered for hydro, gas, & water, with their own high-efficiency furnace, A/C unit, and hot water heater. This significantly reduces owner operating costs & maximizes profitability. Stable Income: Fully tenanted with AAA tenants, providing immediate, reliable income from day one. Unit Mix: Excellent configuration with two spacious 2-bedroom units on the upper level & one private 1-bedroom unit on the lower level. Low Maintenance: A very well-maintained building with regular service & maintenance completed. Includes security cameras & annual fire system inspections (pull stations in each unit) for peace of mind. Privacy & Independence: Each unit offers a separate entrance & is self-sufficient with its own utilities, allowing family members to live independently while remaining under one roof. Storage Solutions: Three private storage lockers (one for each unit) ensure personal space & decluttering.
Estimate your monthly payments for this property
Estimated Payment
$4,949.71/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Halton Hills
Halton Hills is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Halton Hills
- •Convenient location in Halton Hills
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Halton Hills offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
17 Academy Road, Halton Hills
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1017/sqft, this property is priced in line with current Halton Hills market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 140 days on site, this property has exceeded the typical selling timeline for Halton Hills. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Halton Hills.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Halton Hills properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.