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Home ON South Bruce Peninsula
502 BRUCE STREET
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502 BRUCE STREET $439,900
1 day ago
$439,900
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502 BRUCE STREET
South Bruce Peninsula, Ontario N0H1P0

MLS® Number: X12248749

Listing Description

This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns with a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio! (40777180)

Location Description

Bruce Street and Sophia Street

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
South Bruce Peninsula
Land Size
64 x 264 FT
Annual Property Taxes
$2,548
Total Parking Spaces
4
Time on REALTOR.ca
1 day

Building

Interior Features
Appliances Included
Dryer, Washer
Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
4

Measurements

Square Footage
2606 sqft

Land

Lot Features
Frontage
64 ft
Land Depth
264 ft
Other Property Information
Zoning Description
C1A
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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