Sidebar Fav/

    Fully tenanted legal non-conforming triplex in Acton offering 3 self-contained units on a prominent 9,020 sq ft corner lot with LDR1-1 zoning. Current rental income is $2,397/month for Unit 1, $2,397/month for Unit 2, and $2,300/month for Unit 3, for a total gross monthly income of $7,094 and annual gross income of $85,128. All tenants are month-to-month and pay their own utilities, creating a clean income structure for investors. The property is fully occupied and already functioning as a stable income-producing asset from day one, making it an attractive option for buyers seeking immediate revenue without first repositioning or stabilizing the asset. The three-unit configuration also provides a more balanced risk profile than a single-family rental, with income spread across multiple units rather than relying on a single tenant. Positioned on a corner lot, the property benefits from stronger curb presence, easier access, and a more open overall feel than many comparable properties, adding to both tenant appeal and long-term real estate value. Acton continues to draw attention from buyers and renters seeking a more affordable alternative to surrounding markets while still offering practical access to daily amenities, recreation, and GO service. This is the type of location that appeals to tenants looking for value, functionality, and a quieter lifestyle without giving up convenience. Notable updates include a roof approximately 4 years old and a driveway approximately 3 to 4 years old, helping support the property's usability and overall appeal. For investors, the opportunity here is not based on speculation or heavy repositioning, but on acquiring a fully operating multi-unit property with consistent in-place income and gradual upside over time as units turn over naturally and rents are reviewed against market conditions. An excellent opportunity for investors seeking stable cash flow, multiple income streams, and long-term upside in a practical commuter market. (id:24093)
    Listed by MATS MOY of REAL BROKER ONTARIO LTD.

    Property Details of 53-55 Wellington Street

    Property Details

    Interior Features

    Utilities and Appliances

    Map Location

    Never Miss New Listings

    Never miss new listings between $1,077,000 - $1,317,000 in this neighborhood
    Successfully Subscribed!
    Do not fill in this field:

    I agree to receive marketing and customer service calls and text messages from The Zahnd Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

    We will never spam you or sell your details. You can unsubscribe whenever you like.

    "Based on information submitted to CREA as of June 3, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    I agree to receive marketing and customer service calls and text messages from The Zahnd Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    $

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.