38 River Drive, Unit 1,2,3, Halton Hills, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Georgetown. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Water Meter
- equipped with other central cooling and highly efficient other heating via gas
Description
Exceptional Investment Opportunity in the Heart of Georgetown! This fully legal triplex offers three spacious, self-contained 3-bedroom units, providing an excellent opportunity for investors seeking strong rental income and long-term value. The property generates approximately $84,900 in gross annual rental income, with stable tenants and well-maintained units. Each apartment is separately metered for hydro and gas, with tenants responsible for their own heat, hydro, and hot water tank rental costs. The landlord pays water and sewage for two of the apartments. Each unit features its own kitchen with fridge and stove, along with gas woodstoves for added warmth and comfort. The property has undergone extensive improvements and updates. The roof and siding were replaced in 2025. Unit 1 was renovated in 2023, Unit 2 in 2022, and Unit 3 in 2025. Electrical panels have been upgraded, and the property has been carefully maintained throughout. A major bonus is the detached 26' x 16' garage, built in 2017, offering excellent additional storage or rental potential. The property also includes a large storage shed and well-maintained outdoor space for the enjoyment of tenants. With three self-contained 3-bedroom units, separate utilities, stable rental income, significant recent renovations, and additional garage and storage space, this property offers a strong combination of income, functionality, and future potential in a desirable Georgetown location. Property is not selling for 1$
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Property Summary
This triplex located at 38 River Drive, Halton Hills is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 9 beds, 4 bathrooms, and is 1500-2000 square feet. 38 River Drive, Halton Hills is in the Georgetown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Georgetown, Halton Hills.
- •9 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Georgetown, Halton Hills.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Water Meter
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Halton Hills?
If you are looking for a house in Halton Hills or researching Halton Hills real estate for sale, this 9-bedroom triplex at 38 River Drive, Unit 1,2,3, Halton Hills, ON offers an exceptional opportunity to buy a home in Halton Hills, Ontario. Whether you are a first-time Halton Hills home buyer or comparing active Halton Hills MLS® homes for sale, working with a dedicated Halton Hills buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Halton Hills Buyer Budget & Costs
Estimated mortgage: $0*/month*. Estimated Ontario Land Transfer Tax: $0. First-time Halton Hills home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Halton Hills
Frequently Asked Questions about 38 River Drive, Unit 1,2,3, Halton Hills, ON
Q.What is the asking price for 38 River Drive, Unit 1,2,3, Halton Hills, ON ?
The current listing price for 38 River Drive, Unit 1,2,3, Halton Hills, ON in Georgetown, Halton Hills is $1.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 38 River Drive, Unit 1,2,3, Halton Hills, ON ?
38 River Drive, Unit 1,2,3, Halton Hills, ON is a Triplex (2-Storey) featuring a Apartment, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Water Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Georgetown, Halton Hills
18 assaults (40.0/100k)
14 B&E (31.1/100k)
20 thefts (44.4/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 38 River Drive 1,2,3, Halton Hills, ON L7G 2J2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Halton Hills, ON
For a property listed at $1 in Halton Hills, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Halton Hills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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