Welcome to this High Yeild Triplex at 365 ST Philippe st Alfred On

$424,900.00

Price

2 Story Triplex

Property Type

5

Bedrooms

4

Bathrooms

Yes

Finished Basement

Alfred

Neighbourhood

Property Description

Exceptional Triplex Investment Opportunity in Alfred, Ontario

Turnkey Multi-Family Property | High Cap Rate | Strong Cash Flow

Are you looking to expand your real estate portfolio with a high-performing asset, or looking for the perfect house-hack to live mortgage-free? This beautifully maintained triplex in the rapidly growing suburb of Alfred, Ontario, offers incredible financial metrics and an unbeatable location.

📈 The Financial Breakdown

This property operates at peak efficiency with an exceptionally low expense ratio, maximizing your net returns from day one:

- Gross Annual Income: $55,116
- Monthly Rental Income: $4,593 / month
- Approximate Net Operating Income (NOI): $40,394
- Cap Rate: High-yield performance (Contact us for the exact rate based on current pricing!)

🏠 Unique Property Layout & Income Streams

Spanning a total of 5 bedrooms, this multi-family property features an intelligent layout designed to maximize rental income and tenant satisfaction:

- Upper Unit: Features a bright, spacious layout and its own private outdoor patio.
- Main Floor Unit (The Cash Flow Accelerator): A highly unique split-design. This unit includes a separate, self-contained suite with its own private entrance, kitchen, and bathroom—perfect for a sublet or multi-generational living. Shares a central main-floor laundry area.
- Basement Unit: A fully independent lower-level apartment featuring a highly desirable walk-out patio.
- Exterior & Parking: A massive backyard with dedicated, easy parking for at least 4 vehicles.

📍 Strategic Commuter Location

Alfred is an expanding Ontario suburb rapidly gaining popularity with commuters. Nestled perfectly between two major economic hubs, the property is located approximately:

- 1 Hour from Ottawa
- 1 Hour from Montreal

Whether you are a seasoned investor looking for immediate cash flow or a buyer looking to occupy one unit and let the tenants pay your mortgage, this Alfred triplex is a rare find.

📞 Schedule a Private Viewing Today

Properties with this level of income efficiency do not stay on the market long.

Would you like to know more about this property or to book a showing?

Just fill out the form below, and we’ll get right back to you. Don’t want to fill out a form? You can go ahead and click here to send us an email instead or call us at 613.590.3036.