10 Lincoln Street,Ajax, ON L1S 6C8
Ajax, ON L1S 6C8
Description
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
Details
| MLS # | E13817988 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 36 |
| Listing Provided By | Re/Max Hallmark First Group Realty Ltd. | E13817988 072302 |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 2,700 |
| Acreage | 0.06 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 7699 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | Plan 215 Lot 3 Plan 11 Pt Lot 4 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Durham |
| City | Ajax |
| Postal Code | L1S 6C8 |
| Area | Central West |
| Listing VS Median (in L1S 6C8) | |
Price: $1,999,000 low | high Med: $1,999,000 sqft: 2,700 low | high Med: 2,700 $ / sqft: $740 low | high Med: $740 On site: 36 low | high Med: 36 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Durham |
| City | Ajax |
| Postal Code | L1S 6C8 |
| Area | Central West |
| Listing VS Median (in L1S 6C8) | |
Price: $1,999,000 low | high Med: $1,999,000 sqft: 2,700 low | high Med: 2,700 $ / sqft: $740 low | high Med: $740 On site: 36 low | high Med: 36 | |
