$1,999,000
Available - For Sale
Listing ID: E13817988
10 Lincoln Street , Ajax, L1S 6C8, Durham
| 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 |
| Price | $1,999,000 |
| Taxes: | $7699.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 10 Lincoln Street , Ajax, L1S 6C8, Durham |
| Postal Code: | L1S 6C8 |
| Province/State: | Durham |
| Legal Description: | Plan 215 Lot 3 Plan 11 Pt Lot 4 |
| Directions/Cross Streets: | Kingston Rd & Church St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2700.00 |
| Total Area Code: | Square Feet |
| Financial Statement: | T |
| Chattels: | T |
| Sprinklers: | No |
| Washrooms: | 3 |
| Outside Storage: | T |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| Re/Max Hallmark First Group Realty Ltd. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Ajax |
| Neighbourhood: | Central West |
| Tax: | $7,699 |
| Baths: | 3 |
| Fireplace: | N |
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