531 George St

About this Property

Some investments feel complicated. Others simply make sense. Located in the heart of Hearst, this well maintained triplex offers the kind of opportunity investors are always hoping to find. With a current cap rate of 6.93%, this property provides a stable and reliable foundation whether you are purchasing your first income property or adding another quality asset to a growing portfolio. The building is home to clean, respectful long term tenants who take pride in where they live, helping create a low maintenance ownership experience. Each unit benefits from two dedicated parking spaces and its own private storage shed, features that tenants appreciate and value. Utilities are paid directly by the tenants, with the exception of water, helping keep operating costs predictable. Recent updates include a newly redone roof, offering added peace of mind for years to come. If you have been searching for an investment that combines steady income, quality tenants, and a convenient location, this triplex is one worth a closer look.

Listing Details

MLS #

T13786456

Board

PROPTX

Market

ontario

Property Type

Triplex

Style

2-Storey

Year Built

51-99

Garage

None

Parking Spaces

6

Basement

Apartment

Heating

Water

Cooling

None

Pool

None

Lot Size

66 × 82.5 ft

Annual Taxes

$1,914/yr

Listed By

REMAX CROWN REALTY (1989) INC

Listed On

September 15, 2026