10 Lincoln Street Ajax, Ontario L1S 6C8
$1,999,000
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 (id:43697)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | E13817988 |
| Property Type | Multi-family |
| Community Name | Central West |
| Features | Irregular Lot Size |
| Parking Space Total | 10 |
Building
| Bathroom Total | 3 |
| Appliances | Dishwasher, Microwave |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 2,700 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 89 Ft ,5 In |
| Size Frontage | 70 Ft |
| Size Irregular | 70.08 X 89.45 Ft ; 69.9, 86.97 |
| Size Total Text | 70.08 X 89.45 Ft ; 69.9, 86.97 |
| Zoning Description | R1-b Vc2 |
https://www.realtor.ca/real-estate/30315910/10-lincoln-street-ajax-central-west-central-west
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 24 2026 11:39:11
Central Lakes Association of REALTORS®
RE/MAX Hallmark First Group Realty Ltd.