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.
Address
53-55 Wellington Street
List Price
$1,197,000
MLS® Status
New
Expiration Date
2026-08-23
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Halton Hills
Sub-Area
1045 - AC Acton
Region
Halton
Bedrooms
9
Bedrooms (Total)
9
Rooms Above Grade
18
Rooms (Total)
18
Bathrooms
4
Floor Area
3500-5000 Sq. Ft.
Lot Depth
76.66
Lot Features
Irregular Lot
Lot Irregularities
Corner Lot
Lot Size Units
Feet
Lot Width
108.01
Parcel Number
249990070
Occupant Type
Tenant
Cross Street
Queen/Wellington
Approx. Age
100+ Years
MLS® Number
W13036970
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
Partial Basement, Unfinished
Postal Code
L7J 2H1
Posession Details
Flexible
Parking
Private
Parking Places (Total)
7
Parking Spaces
6
Tax Amount
$4,978.15
Tax Year
2025
Site Influences
Fenced Yard, Golf, Level, Library, Place Of Worship, Rec./Commun.Centre
Interior Features
Other
Property Features
Fenced Yard, Golf, Level, Library, Place Of Worship, Rec./Commun.Centre
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Other
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick, Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Attached Garage
Yes
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Pt Lts 63 & 64, Pl 28 , As In 741274; Also Shown O
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.99 x 4.05 | |
| Main | Dining Room | 4.75 x 3.04 | |
| Main | Kitchen | 4.99 x 2.52 | |
| Main | Living Room | 4.38 x 3.93 | |
| Main | Dining Room | 3.93 x 3.62 | |
| Main | Kitchen | 4.6 x 2.83 | |
| Main | Living Room | 3.93 x 3.38 | |
| Main | Kitchen | 5.51 x 3.96 | Combined w/Dining |
| Second | Primary Bedroom | 3.53 x 3.52 | |
| Second | Bedroom | 3.56 x 2.95 | |
| Second | Bedroom | 3.53 x 2.98 | |
| Second | Primary Bedroom | 3.93 x 2.77 | |
| Second | Bedroom | 3.56 x 2.95 | |
| Second | Bedroom | 3.68 x 2.89 | |
| Second | Primary Bedroom | 3.68 x 2.77 | |
| Second | Bedroom | 3.68 x 2.83 | |
| Second | Bedroom | 3.29 x 2.16 |