NewFor Sale

502 Bruce Street
South Bruce Peninsula, Bruce, ON, N0H 1P0

Investment
TRREB
MLS® Number: X12248749
$439,900List Price
InvestmentProperty Type
2,606 sq ftSize
$2,548 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 502 Bruce Street, South Bruce Peninsula, ON N0H 1P0

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Description

This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns with a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio!

Features

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Amenities

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Summary

Tax (Annual):$2,548 / 2024
Listing #:X12248749
Property Type:Investment
Size:2,606 sq ft
Land Size:64 x 264
Days on CPRB:
Garage:Double Detached
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX Grey Bruce Realty Inc.

Rooms

Details

Property

Property Type:Investment
Community:South Bruce Peninsula
Municipality:Bruce

Building

Size:2,606 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Double Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Bruce Street and Sophia Street

$439,900

List price

502 Bruce Street, South Bruce Peninsula – Investment for sale · MLS® # X12248749