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2039 VICTORIA Street

2039 VICTORIA Street

Gorrie, Ontario

6 bed • 3 bath • Multi-family

$624,900

Located in the quiet community of Gorrie, this triplex presents a solid opportunity for anyone looking to step into real estate investment or make a smart move toward more affordable homeownership. The property features three separate units, including one 1 bedroom, one 2 bedroom, and one 3 bedroom layout, each well cared for and full of character. With reliable tenants already in place who take pride in their spaces, there's an immediate sense of stability that makes this an easy property to step into and manage. Whether you're looking to build your portfolio or live in one unit while the others help carry the mortgage, this setup offers flexibility that can work in a number of ways. One of the units spans over 1,200 square feet, offering a larger layout that stands out for both living space and rental appeal. Set in a small town setting with steady demand for rental housing, this property brings together location, practicality, and long term potential in one place. Major updates in the last two years take much of the heavy lifting off the next owner, new exterior siding with insulation, updated water lines, a new hot water heater, fully renovated kitchens and washrooms in two of the three units, and fresh paint throughout. If you've been waiting for the right opportunity to get started or expand, this could be worth a closer look.Reach out today for the full investment package, rental income, floor plans, and everything you need to make a confident decision.

Price History

Property

Lot Size
0.14 acres

Schools

Elementary

  • Howick Central Public School4.6 km

    Public · Avon Maitland DSB · 340 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 42% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Gorrie · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Gorrie over the last 12 months.

Location

Street View

Mortgage Calculator

$124,980

Estimated Monthly Payment

$3,070

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,070/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $156/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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