10 Lincoln Street, Ajax, Ontario L1S 6C8

Listed for:
$1,999,000
0 beds
3 baths
Listed 7 days ago
Multi-Family for rent: 10 Lincoln Street, Ajax, Ontario L1S 6C8

View all 33 photos

About

Kingston Rd & Church St Rare opportunity to own a beautifully renovated legal triplex in the heart of Pickering Village, Ajax. This exceptional property offers three spacious 2-bedroom units, each fully renovated with modern kitchens, updated bathrooms and flooring. Situated on an expansive lot with 8 parking spaces plus a 2-car garage, this property offers an excellent opportunity for an investor seeking income-producing units with the flexibility for owner-occupancy or multi-generational living. Additional rental income potential from parking and garage space. Each apartment has a separate hydro meter, with hydro paid directly by the tenants. The property also features a high-efficiency tankless combination heating and hot water system. Situated within steps of all local Pickering Village amenities, including adjacent commercial laundry and wash-and-fold services. Seller-provided estimated market rents: *Main floor 2 bedroom with w/o to fenced yard - $2,800 plus hydro* *Second floor 2 bedroom $2,600 plus hydro* *Third floor 2 bedroom (temporarily occupied by a friend of the Seller) $2,500 plus hydro = $94,800* -- Annual operating expenses: Property Taxes $7,699 (2026) -- Property Insurance $3,030 -- Gas (Tankless heat & hot water) $1201. -- Hydro $663 (This is for the house meter, apartments have separate meters paid by tenants -- Water/sewer $1,338 -- Snow & grass $2,202 = $16,133 (id:27476)

Property Highlights

MLS® Number
E13817988
Type
Multi-family
Community Name
Central West
Land Size
0.27 ac
Parking Space Total
10

Building

Building Type
Multi-Family
Square Footage
2700 sqft
Bathrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Re/Max Hallmark First Group Realty Ltd.
MLS® number:
E13817988
Agent:
David Watkins
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).