105 WELLINGTON STREET (X13824164)

About the Property

Exceptional Triplex Opportunity in a Desirable Gravenhurst Location! Discover the perfect blend of homeownership and investment potential with this well-maintained triplex situated in a desirable area of Gravenhurst. Offering three separate units, this property is an excellent opportunity for an investor or owner-occupier looking to generate rental income while enjoying the benefits of homeownership.The main-level unit features 2 bedrooms, main-floor laundry, an eat-in kitchen, and comfortable living space, making it an ideal principal residence. The second unit has been recently renovated with a modern, inviting feel, offering 1 bedroom and an office, an open-concept layout, eat-in kitchen, and convenient laundry. The third unit provides a modern 1-bedroom layout with main floor launder offering additional rental income or flexible space for guests, family, or other uses.Outside, enjoy a beautifully manicured yard, an attached garage, and the added benefit of a drilled well. With its versatile layout and multiple income-producing units, this property provides an opportunity to live in one unit while rental income from the others helps offset the cost of ownership. This home has undergone an extensive renovation, with approximately 90% of the property remodeled and upgraded. The improvements include updated plumbing, heating, electrical, insulation, fire separation, windows, doors, tiling, and other major components, providing significant upgrades throughout the home.The property also includes materials for completing a screened-in porch in the garage, offering the opportunity to create additional functional living or recreational space..With extensive work already completed, this property offers a combination of substantial renovations, modern updates, and future potential for the next owner.A great combination of location, functionality, updates, and income potential - this Gravenhurst triplex is worth a look! (id:48047)