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6 + 1
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 8 + 2
ROOMS X13770780
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Property Description
Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations.
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Property Features
Public Transit, Rec./Commun.Centre, Separate Heating Controls, Separate Hydro Meter, Available, Mutual, Private, Unreserved, Carbon Monoxide Detectors, Smoke Detector, Electric
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Property Details
Property Type
Triplex
Lot Size
33' x 123'
Acreage
4,090.3 Feet
Taxes
$5,901 (2025)
Basement
Separate Entrance, Full
Exterior
Deck
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Century 21 First Canadian Corp
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