Rare multi-unit investment opportunity on an impressive 66 ft x 317 ft deep lot in the heart of Alliston! Discover an exceptional property offering established rental income, incredible versatility, and exciting future possibilities. Featuring THREE separate living units with existing tenants, this unique property provides multiple streams of rental income, making it an excellent opportunity for savvy investors, multi-generational families, or buyers looking to offset their expenses while exploring the potential to build their own custom dream home (subject to municipal approvals). The main residence (Unit A) features 2 bedrooms, 2 renovated bathrooms, and an updated kitchen. An adjacent detached duplex offers two additional living spaces, including a 1-bedroom unit with new flooring and fresh paint (Unit C), plus a bachelor suite with a kitchen and 1-bedroom (Unit B). Situated on an expansive lot of approximately 0.48 acres, the property offers ample parking, generous outdoor space, and exciting possibilities for future use. Ideally located in the vibrant and growing community of Alliston, where small-town charm meets everyday convenience. Enjoy close proximity to beautiful parks, schools, recreational facilities, restaurants, Walmart, FreshCo, and major shopping amenities. Just minutes from the Honda manufacturing plant, Stevenson Memorial Hospital, and Nottawasaga Resort & Golf, this desirable location offers a combination of lifestyle, convenience, and investment potential. Whether you're looking to expand your real estate portfolio, benefit from established rental income, accommodate extended family, or explore the possibility of building your dream residence, this property offers an exceptional opportunity to invest in your future. Enjoy the income potential today while envisioning the possibilities of tomorrow! Buyer to verify zoning, legal status of units, permitted uses, and development potential. Property details provided in MLS reflect ONLY Unit A.