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Royal LePage
Royal LePage
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$999,900

Halton Hills ON, L7G 4N2

MLS® # W12470251

Property Information:

Located in a mature Georgetown neighborhood, this legal duplex delivers impressive income potential and long-term growth prospects. Offering 10 bedrooms above grade and more than 2,000 square feet of living space, this property is ideal for investors seeking strong cash flow and multiple rental configurations. Can also be used for extended family! Positioned near the heart of town, it is just an eight-minute drive to the Georgetown train station and a 10-minute walk to shops, and amenities-making it highly attractive to prospective tenants. The property currently produces a positive ROI with stable, long-term tenants who are willing to remain, ensuring immediate returns. Additionally, the spacious Layout provides an opportunity to enhance rental income through renovations or by accommodating larger tenant groups. The basement adds approximately 560 square feet of partially finished space, including two additional washrooms requiring final completion-offering further potential to increase unit value and rental rates. Upgrades include shingles(2017), vinyl windows less than 15 years old, and laminate flooring on the second floor (2014) and main floor (2015). Licensed as a boarding and lodging establishment since 1991, this property also benefits from a driveway updated in 2013 with furnace and A/C updated 2023. With strong financials, ongoing tenant demand, and multiple value-add opportunities, this duplex stands out as a rare high-yield investment in one of Georgetown's most established areas. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Partially finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Aluminum siding, Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Central Vacuum, Water softener, Dryer, Microwave, Oven, Two stoves, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10+1
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Schools
  • Community Features: Community Centre
  • Features:
  • Fence Type: Fenced yard
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 113.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 113 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: Garage
  • No. of Parking Spaces: 6

Courtesy of: iCloud Realty Ltd.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 29 LANGSTONE CRESCENT, Halton Hills, Ontario, L7G 4N2

Demographic Information of 29 LANGSTONE CRESCENT, Halton Hills, Ontario, L7G 4N2

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$128,860.80

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.31 %

High school certificate or equivalent

32.92 %

Apprenticeship trade certificate/diploma

5.87 %

College/non-university certificate

26.29 %

University certificate (below bachelor)

2.96 %

University Degree

16.65 %

Commuter

Travel To Work

By Car

91.31 %

By Public Transit

0.0 %

By Walking

5.4 %

By Bicycle

0.0 %

By Other Methods

3.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.38 %

Houses

81.62 %

Own Vs. Rent

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