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29 Langstone Crescent
Georgetown Halton Hills L7G 4N2

$725,000 /For Sale
Commercial

Main Photo: 29 Langstone Crescent in Halton Hills: Georgetown Commercial for sale : MLS®# W13878226
Photo 1: 29 Langstone Crescent in Halton Hills: Georgetown Commercial for sale : MLS®# W13878226
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13878226
Bus Major:
Apts - 6 To 12 Units
Located in a mature Georgetown neighborhood, this legal non-conforming Boarding/lodging home delivers impressive value with income potential and long-term growth prospects. Offering 10 bedrooms above grade and more than 2,000 square feet of living space, this property is ideal for investors seeking strong cash flow and multiple rental configurations. Positioned near the heart of town, it is just an eight-minute drive to the Georgetown train station and a 10-minute walk to shops, and amenities-making it highly attractive to prospective tenants. The property currently produces a ROI with stable, long-term tenants whom are willing to remain, ensuring immediate returns. Additionally, the spacious layout provides an opportunity to enhance rental income through renovations or by accommodating larger tenant groups. The basement adds approximately 560 square feet of partially finished space, including two additional washrooms requiring renovation-offering additional living space. Upgrades include roof (2017), vinyl windows less then 15 years old, and laminate flooring on the second floor (2014) and main floor (2015). Licensed as a boarding and lodging establishment since 1991, this property also benefits from a driveway updated in 2013 with furnace and A/C updated 2023. With strong financials, ongoing tenant demand, and multiple value-add opportunities, this legal non-conforming rooming house stands out as a rare high-yield investment to match today's standards, this property can offer a great supplement to income or help pay for mortgage, maintenance and utilities.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2078 sq. ft. Square Feet
Total Area:
2,078 sq. ft.
Lot Depth:
113'
Lot Frontage:
50'
Water supply:
Municipal
Zoning:
LDR1-2 (MN) See Attachment
Heating type:
Gas Forced Air Closed
Garage:
Other
Parking Spaces:
6
Possession Details:
Min 60 Days
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$5,060.04 / 2026
Assessment:
$- / -
Halton
Halton Hills
Georgetown
No
Hot water heater
Coin operated washer and dryer, 2 built-in microwave ovens, 7 fridges, 2 stoves (one gas one electric)
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Gross income:
$61,299
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,266.72
Hydro Expenses:
$1,744.61
Insurance Expenses:
$3,810.24
Water Expenses:
$757.31
Year Expenses:
2026
Maintenace Expenses:
$4,889.95
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Oct 08, 2026
Original Price:
Previous Price:
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Listed by iCloud Realty Ltd.
Data was last updated October 9, 2026 at 04:15 PM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.