1121 Centre Street S, Whitby, ON L1N 4X7

Property Description

1121 Centre Street South presents the opportunity to acquire a well-maintained purpose-built triplex situated on a spacious 5,800 square foot corner lot in the heart of south Whitby, just minutes from Highway 401, the Whitby GO Station, and downtown Whitby. The Property comprises three spacious 2-bedroom, 1-bathroom suites and benefits from a large paved parking area accommodating approximately six to eight vehicles-an uncommon amenity for a multi-residential asset of this size in Durham Region.The building has been consistently maintained and improved over the years, offering investors a true turnkey opportunity. Capital improvements include an asphalt shingle roof replaced in 2015, newer windows installed in the upper and lower suites, and ongoing renovations to kitchens, bathrooms, flooring, and interior finishes as suites have turned over. Two of the three units are separately metered for hydro, while the basement suite and common areas share a meter, and coin-operated laundry provides additional ancillary income.Ideally suited for both seasoned investors and first-time multifamily purchasers, 1121 Centre Street South offers a low-maintenance, carefree investment with strong in-place income, quality building systems, and excellent long-term fundamentals in one of Durham Region's most sought-after rental markets.