Fantastic investment opportunity or house-hacking gem in the expanding suburb of Alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a Net Operating Income (NOI) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, All units have separate heating controls: Upper Unit: Bright living space with its own private outdoor patio. Main Unit: Highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement Unit: Separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both Ottawa…

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Estimated payment. Does not include property tax, insurance, or condo fees.