10 Lincoln Street Ajax, Ontario L1S 6C8

3 Bathroom 2,700 sqft
Fully Air Conditioned Hot Water Radiator Heat

$1,999,000

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:15069)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number E13817988
Property Type Multi-family
Neigbourhood Pickering Village
Community Name Central West
Features Irregular Lot Size
Parking Space Total 10

Building

Bathroom Total 3
Appliances Dishwasher, Microwave
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 2,700 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 89 Ft ,5 In
Size Frontage 70 Ft
Size Irregular 70.08 X 89.45 Ft ; 69.9, 86.97
Size Total Text 70.08 X 89.45 Ft ; 69.9, 86.97
Zoning Description R1-b Vc2

https://www.realtor.ca/real-estate/30315910/10-lincoln-street-ajax-central-west-central-west

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