Unit 1,2,3, 38 River Drive
Halton Hills (Georgetown), ON L7G 2J2
- 6+3Bedrooms
- 4Bathrooms
- 9Parking
- 1500–2000Sq Ft
- $4,305Tax
- 66×132 ftLot Size
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Sale & Price History for Unit 1,2,3, 38 River Drive, Halton Hills, Georgetown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About Unit 1,2,3, 38 River Drive, Halton Hills, Georgetown
Summarized Description
- Investment opportunity in Georgetown with triplex structure
- Three spacious self-contained 3-bedroom units available
- Generates approximately $84,900 in annual rental income
- Units separately metered for utilities, stable tenants
- Extensive recent renovations and upgrades completed
- Includes detached garage and large storage shed
- Well-maintained outdoor space for tenant enjoyment
- Desirable location with strong long-term value potential
Exceptional Investment Opportunity in the Heart of Georgetown! This fully legal triplex offers three spacious, self-contained 3-bedroom units, providing an excellent opportunity for investors seeking strong rental income and long-term value. The property generates approximately $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,305
- Basement Type
- Apartment, Finished
Interior Features
- Interior Extras
- Carpet Free, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick, Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 66.00 ft
- Lot Depth
- 132.00 ft
Inclusions
- Inclusions
- all existing appliances light fixtures, window coverings Includes 3 fridges and stoves; Unit 2 has a split air-conditioning unit with heat pump. Each unit features gas woodstove.
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 8
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 9
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Other
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Bedrooms
- 6 + 3
- Washrooms
- 4
- Kitchens
- 3
Washrooms
- 3-piece, Main
- 3-piece, Second
- 3-piece, Basement
- Municipality
- Halton Hills
- Neighbourhood
- Georgetown
- Main cross streets
- Mountainvew Rd @ River Dr
- Directions
- river drive second building on the right after mountain view
- MLS® number
- W13845442
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-30
- Updated on
- 2026-09-30
- Days on market
- 24 days
- Possession type
- Flexible
- Co-op commission
- 2.5% plus HST
- Seller
- Listed by
- HOME AND BUSINESS REALTY
Home Market Value
Current home valuation for Unit 1,2,3, 38 River Drive, Halton Hills, Georgetown, Halton Hills, ON. Listed for Price on Request
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for Unit 1,2,3, 38 River Drive, Halton Hills, Georgetown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$25,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $19,000 | $13,950 | $11,900 | $0 |
=Total mortgage | $494,000 | $463,950 | $436,900 | $400,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,412monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,475
$6,475
Around this home
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