




This 6-bedroom, 3-bathroom multi-family in Gorrie offers 1,962 sqft of living area on a 0.137 ac lot. Built in 1857, 2 storeys. The property has lot dimensions of 0.137. The home features propane heating, a unfinished, partial basement.
Located in the quiet community of Gorrie, this triplex presents a solid opportunity for anyone looking to step into real estate investment or make a smart move toward more affordable homeownership. The property features three separate units, including one 1 bedroom, one 2 bedroom, and one 3 bedroom layout, each well cared for and full of character. With reliable tenants already in place who take pride in their spaces, there's an immediate sense of stability that makes this an easy property to step into and manage. Whether you're looking to build your portfolio or live in one unit while the others help carry the mortgage, this setup offers flexibility that can work in a number of ways. One of the units spans over 1,200 square feet, offering a larger layout that stands out for both living space and rental appeal. Set in a small town setting with steady demand for rental housing, this property brings together location, practicality, and long term potential in one place. Major updates in the last two years take much of the heavy lifting off the next owner, new exterior siding with insulation, updated water lines, a new hot water heater, fully renovated kitchens and washrooms in two of the three units, and fresh paint throughout. If you've been waiting for the right opportunity to get started or expand, this could be worth a closer look.Reach out today for the full investment package, rental income, floor plans, and everything you need to make a confident decision. (id:60351)
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Listed by Ivan Gascho, Real Broker Ontario Ltd.
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Listing represented by Ivan Gascho, Real Broker Ontario Ltd. · MLS# 40821769
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.