502 BRUCE STREET, South Bruce Peninsula, Ontario

$439,900

2,606 Square Feet

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! (id:56241)

Listing ID: X12248749
Property Type: Multi-family

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with the Dave Dick Real Estate Team to view this property.

Schedule Private Tour

The Dave Dick Real Estate Team would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact the Dave Dick Real Estate Team, who specializes in South Bruce Peninsula real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let the Dave Dick Real Estate Team find a property to match your lifestyle.

Details

Features: Irregular lot size
Parking Spaces: 4
Transaction: For sale
Zoning Description: C1A

Building

Appliances: Dryer, Washer
Fireplace Present: False
Heating: Hot water radiator heat
Heating Fuel: Natural gas
Size Interior: 2606 sqft
Type: Multi-Family

Land

Size Frontage: 64 ft
Size Irregular: 64 x 264 FT

Listing provided by RE/MAX Grey Bruce Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 502 BRUCE STREET in South Bruce Peninsula Ontario. It was last modified on June 28th, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other South Bruce Peninsula real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with the Dave Dick Real Estate Team, who specializes in South Bruce Peninsula properties.

Terms of Use Agreement

Terms of Use
This website is operated by the Dave Dick Real Estate Team, REALTORS® who are members of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, the Dave Dick Real Estate Team, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
The Dave Dick Real Estate Team may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline

Contact Dave Dick Real Estate

What do you want to do next?