This tri-plex offers a great investment opportunity or the chance to live in one unit while generating rental income. Located on the main street of Waterford, it’s just moments away from local amenities. Unit 1 is a spacious 2-storey, 3-bedroom, 2-bathroom home with plenty of natural light and generous living space. Perfect for someone looking to move in and make it their own. It has a separate hydro meter and water heater. Recent updates include new windows installed in 2024, along with a new fridge and stove. Unit 2 is a 2-storey unit with 2 bedrooms and 1 bathroom, currently rented and providing steady income. The tenant covers the hydro and water, while the owner pays for heat. This unit also has its own separate hydro meter and water heater. In 2024, new windows were installed. Unit 3 is a 1-bedroom, 1-bathroom unit. It’s currently rented, and the tenant is responsible for all utilities, including hydro, heat, and water. A recent update includes a new windows installed in 2023. Like the other units, it has its own separate hydro meter and water heater. In addition to these updates, the wiring for the entire building has been recently upgraded. Each unit also has its own private storage shed, providing extra space for belongings and added convenience. With a prime location, easy access to ample parking from a quiet back street, and three separate units with individual utilities, this tri-plex offers both immediate income potential and future flexibility.
Sold for $505,000 on 05/26/25
C$505,000
102 Main St S, Norfolk County, ON N0E 1Y0
6beds
4baths
2,685sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$188/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 02:18pm
Listed by:
Mason Adcock, Salesperson,
RE/MAX ERIE SHORES REALTY INC. BROKERAGE
Source: ITSO,MLS®#: 40694864Originating MLS®#: Simcoe and District Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Radiant
Cooling
- None
Appliances
- Included: Hot Water Tank Owned, Refrigerator, Stove
- Laundry: Shared
Features
- Separate Heating Controls, Separate Hydro Meters
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,685
- Total interior livable area: 2,685 sqft
- Finished area above ground: 2,685
Property
Parking
- Total spaces: 10
- Parking features: Lane/Alley Parking, Private Drive Single Wide, Private Drive Double Wide
- Uncovered spaces: 10
Features
- Waterfront features: Access to Water
- Frontage type: West
- Frontage length: 64.00
Lot
- Dimensions: 64 x
- Features: Ample Parking, Business Centre, Dog Park, City Lot, Near Golf Course, Park, Place of Worship, Playground Nearby, Quiet Area, School Bus Route, Schools, Shopping Nearby, Trails
Details
- Additional structures: Shed(s)
- Parcel number: 502790218
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Metal
Condition
- 100+ Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & neighborhood
Location
- Region: Norfolk County