102 Main Street S

Waterford,ON N0E 1Y0

$ 535000

6 Beds

4 Baths

2685 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,685 sqft

Price per Sqft $199

MLS Listing ID 40694864

Bedrooms 6

Abv Grd Liv Area 2,685

Originating Board Simcoe

Annual Tax Amount $2,912

Property Sub-Type Multi-3 Unit

Property Description

This tri-plex offers a great investment opportunity or the chance to live in one unit while generating rental income. Located on the main street of Waterford, it's just moments away from local amenities. Unit 1 is a spacious 2-storey, 3-bedroom, 2-bathroom home with plenty of natural light and generous living space. Perfect for someone looking to move in and make it their own. It has a separate hydro meter and water heater. Recent updates include new windows installed in 2024, along with a new fridge and stove. Unit 2 is a 2-storey unit with 2 bedrooms and 1 bathroom, currently rented and providing steady income. The tenant covers the hydro and water, while the owner pays for heat. This unit also has its own separate hydro meter and water heater. In 2024, new windows were installed. Unit 3 is a 1-bedroom, 1-bathroom unit. It's currently rented, and the tenant is responsible for all utilities, including hydro, heat, and water. A recent update includes a new windows installed in 2023. Like the other units, it has its own separate hydro meter and water heater. In addition to these updates, the wiring for the entire building has been recently upgraded. Each unit also has its own private storage shed, providing extra space for belongings and added convenience. With a prime location, easy access to ample parking from a quiet back street, and three separate units with individual utilities, this tri-plex offers both immediate income potential and future flexibility.

Location

Province ON

County Norfolk

Area Waterford

Zoning R2

Direction From Main St, Turn onto West Church, Right onto Auty St, Parking behind the property.

Rooms

Other Rooms Shed(s)

Basement Full,Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls,Separate Hydro Meters

Heating Radiant

Cooling None

Fireplace No

Appliance Hot Water Tank Owned,Refrigerator,Stove

Laundry Shared

Exterior

Waterfront Description Access to Water

Roof Type Metal

Lot Frontage 64.0

Garage No

Building

Lot Description Ample Parking,Business Centre,Dog Park,City Lot,Near Golf Course,Park,Place of Worship,Playground Nearby,Quiet Area,School Bus Route,Schools,Shopping Nearby,Trails

Faces From Main St, Turn onto West Church, Right onto Auty St, Parking behind the property.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 502790218

Ownership Freehold/None

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