Listed by Re/Max Realty Specialists Inc..

113 Wellington Street S is a Triplex, 3-Storey and is currently for Sale @ $669,000. Taxes in 2024 were $5,312.00.

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**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. The 3-Storey on 113 Wellington Street S has 5 bedrooms, 3 bathrooms, and is located on a 121.00 x 25.00 ft lot in the community of Beasley . With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining rooms, kitchen, and potential rent of $1,500. The 2nd floor offers a 2-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, also renting for $1,600. The 3rd floor features a 1-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, with potential rent of $1,100. Total rental income is approximately $4,200 monthly, which can exceed mortgage payments. Located near Mohawk college, Mc Master university, St Peters hospital, St. Joseph's Healthcare, Trillium Place and other amenities, this triplex offers strong rental potential and positive cash flow.

The address 113 Wellington Street S was listed for sale (MLS# X9236533) on Thursday, August 01, 2024.