10 Lincoln Street

Ajax, ONMulti-family
$1,999,000
MLS® E13817988
Multi-family3 baths10 total[object Object]
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About This Property

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:63604)

Key Facts

Type
Multi-family
Baths
3
Size
2,700 sqft
Lot
0.27
Parking
10 total

Highlights

  • Dishwasher
  • Microwave
Property Details 14 details
Bathrooms
3 bathrooms
Parking
10 parking spaces
Living area
2,700 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Hot water radiator heat, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
0.27
Lot area
0.27 acres
Frontage
60 feet
Taxes
$7,699.00
Zoning
R1-B VC2
Water source
Municipal water

Interior features

DishwasherMicrowave

Lot and water

Irregular lot size

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Mortgage & Affordability Estimate monthly costs
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Purchase price$1,999,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Central West
City
Ajax
Postal code
L1S 6C8
Nearby
Kingston Rd & Church St
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