Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month inclusive. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Depth:
100'30.5 m
Frontage:
33'10.1 m
Direction Faces:
East
Bedrooms:
5+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
10
Rooms Below Grade:
3
Zoning:
R2-2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Apartment, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$2,045 /
2024
Assessment:
$- /
-
London East
East M
Middlesex
In-Law Capability, In-Law Suite, Separate Hydro Meter
Listed by CENTURY 21 FIRST CANADIAN CORP and THRIVE REALTY GROUP INC.
Data was last updated September 6, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$599,900
Min list price:
$309,900
Max list price:
$859,000
Avg days on market:
45
Min days on market:
1
Max days on market:
466
These statistics are generated based on the current listing's property type
and located in
London East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
ADEEL BHATTI
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE, INDEPENDENTLY OWNED
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.