Property Description for 156 GRAND Avenue S
Looking for a strong investment opportunity with reliable income and long-term upside? This fully tenanted triplex offers almost 2,200 sq ft of living space and is located on a quiet dead-end street with the Grand River and walking trails just steps away. Within minutes of downtown Galt and neighboring the vibrant Gaslight District, this A+ location combines historic character with every amenity tenants could ask for. The property features 2 x 1-bedroom units—one at the rear and one on the main level—as well as a spacious 2-bedroom unit on the upper floor. The main house (upper and lower units) shares utilities, while the rear unit is fully self-contained with separate utilities. Currently 100% occupied with tenants in good standing, this property provides investors with immediate cash flow and minimal vacancy risk. Its central location ensures strong tenant demand, with close proximity to schools, parks, shopping, restaurants, and public transit. Additional highlights include 5 on-site parking spaces, shared green space, and future growth potential in one of the region’s fastest developing areas. (id:38686)
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Property Details
Property Tax
: $5,036MLS® #
: 40765115
Home Features
Property Type
: MultiFamilySquare Footage
: 2,199 SQFTSubdivision
: 12 - St Andrews/Southwood
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, Crawl space
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: Visitor ParkingExterior Features
: Brick
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