7 Rexway Drive, Halton Hills

Price: $1,149,000

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Multi-Family

MLS#: W12466264

Prime Georgetown Investment: Legal Triplex with Cash Flow. Look no further! This meticulously maintained Legal Triplex represents a truly rare and profitable opportunity, perfectly suited for the discerning investor or a multi-generational family seeking independent, high-quality co-living. Location! Location! Location! Nestled in the heart of Georgetown, this property offers unbeatable convenience. Residents are within easy walking distance to all local amenities, enhancing tenant appeal and ensuring stable occupancy. Investor's Dream: Turn-Key & Profitable Triplex Fully Rented: All units are currently tenanted with great AAA Tenants, providing immediate, reliable cash flow from closing. Ideal Unit Mix: Comprised of two spacious 2-bedroom units and one private 1-bedroom unit, catering to various tenant needs. Ample parking available for up to 5 cars, a premium feature that maximizes tenant satisfaction and property value. Multi-Generational Family Solution. This property offers the perfect balance of proximity and privacy. Family members can live under one roof while enjoying completely separate spaces and entrances. Dedicated Storage: Each unit is assigned its own private storage shed, offering valuable, secure space for personal belongings. Shared Convenience: On-site coin laundry provides simple, central accessibility for all residents. This profitable, well-maintained building is a must-add to your investment portfolio or the ideal long-term solution for sophisticated multi-generational living. Do not miss this chance to secure a premium asset in a highly desirable location!

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$1,149,000 - 7 Rexway Drive, Halton Hills

Multi-Family for Sale in Halton Hills

140 days on market
5Beds
3Baths
700 - 1,099Sq Ft
Multi-Family
Property Details
MLS Number
W12466264
Property Type
Multi-Family
Status
active
Days on Site
140
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Halton Hills
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Prime Georgetown Investment: Legal Triplex with Cash Flow. Look no further! This meticulously maintained Legal Triplex represents a truly rare and profitable opportunity, perfectly suited for the discerning investor or a multi-generational family seeking independent, high-quality co-living. Location! Location! Location! Nestled in the heart of Georgetown, this property offers unbeatable convenience. Residents are within easy walking distance to all local amenities, enhancing tenant appeal and ensuring stable occupancy. Investor's Dream: Turn-Key & Profitable Triplex Fully Rented: All units are currently tenanted with great AAA Tenants, providing immediate, reliable cash flow from closing. Ideal Unit Mix: Comprised of two spacious 2-bedroom units and one private 1-bedroom unit, catering to various tenant needs. Ample parking available for up to 5 cars, a premium feature that maximizes tenant satisfaction and property value. Multi-Generational Family Solution. This property offers the perfect balance of proximity and privacy. Family members can live under one roof while enjoying completely separate spaces and entrances. Dedicated Storage: Each unit is assigned its own private storage shed, offering valuable, secure space for personal belongings. Shared Convenience: On-site coin laundry provides simple, central accessibility for all residents. This profitable, well-maintained building is a must-add to your investment portfolio or the ideal long-term solution for sophisticated multi-generational living. Do not miss this chance to secure a premium asset in a highly desirable location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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.

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Neighbourhood Guide: Halton Hills

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

7 Rexway Drive, Halton Hills

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$2,547

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1641/sqft, this property is priced above the Halton Hills average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7 Rexway Drive, Halton Hills | $1,149,000 | Battaglia Team