$1,197,000 - 53-55 Wellington Street, Halton Hills
Multi-Family for Sale in Halton Hills
51 days on market- MLS Number
- W13036970
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 51
- Bedrooms
- 9
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Halton Hills
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
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.
Estimate your monthly payments for this property
Estimated Payment
$5,294.73/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.
53-55 Wellington Street, Halton Hills
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Rental income estimator & ROI calculator
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
Competitive Pricing
At $342/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 51 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 9 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 4 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 $4,988 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.