Gurvinder Nokwal REALTOR®
For Sale Triplex 33 days on market

$252,000

Est. payment $1,116/moCalculate yours

531 George Street, Hearst, ON P0L 1N0

Hearst, Hearst, ON P0L 1N0

  • 6 Beds
  • 3 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of RE/MAX CROWN REALTY (1989) INC MLS® T13786456

About this home

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 5.78%, 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.

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
1,500 sqft

Interior

Bedrooms
6
Bathrooms
3
Kitchens
3
Basement
Apartment

Building & Systems

Heating
Water (Gas)
Cooling
None
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
66 x 82.5 Feet
Parking
None garage · 6 total
Zoning
RM1

Financial

Property Taxes
$1,914 (2026)

Location

Neighbourhood
Hearst
Cross Street
George
Direction Faces
South

Listing

MLS® Number
T13786456
Days on Market
33
Listed On
2026-09-15
Possession
To be discussed
Listed By
RE/MAX CROWN REALTY (1989) INC

Features

Interior

  • Water Heater Owned

Pool

  • None

Mortgage calculator

Minimum for this price: $12,600 (5%)

Amortization, years

Estimated mortgage payment

$1,116 per month

Principal and interest
$1,116
Property tax
$160
Estimated monthly cost
$1,275

Your mortgage

Mortgage amount
$201,600
Mortgage insurance
Not needed
Interest over 25 years
$133,140

Cash to close

Down payment
$50,400
Land transfer tax
$2,255
Total, before legal fees
$52,655
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

531 George Street, Hearst, ON P0L 1N0 Hearst, Hearst, ON P0L 1N0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$252,000 531 George Street, Hearst, ON P0L 1N0
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