17 Carfrae Crescent London South (South F), ON

$1,100,000
|
7 Beds
|
  3 Full
|

PROPERTY INFO

Solid Brick Triplex in the Heart of Old South- Turnkey Investment Opportunity. Welcome to this beautifully renovated solid brick triplex nestled in one of London's most sought-after neighbourhoods-Old South. Fully modernized from top to bottom, this income-generating property is the perfect blend of timeless charm and contemporary updates. Each of the three self-contained units has been thoughtfully upgraded and comes complete with five new appliances (2022) per unit, offering exceptional convenience for tenants. With an active rental license in place with the City of London, this is a fully compliant and ready-to-go investment. The newly constructed read deck and staircase (2023) are not only structurally sound but provide additional outdoor space and safe access for upper units. Two new heat pumps installed in 2023 ensure energy-efficient heating and cooling throughout the property, keeping utility costs low. Plus, the property features four separate hydro meters, making tenant utility management simple and transparent. Currently grossing over $64,000 annually, this triplex offers strong cash flow with room for growth. Whether you're looking to expand your portfolio or live in one unit while renting the others, this is a rare opportunity in a prime location. Don't miss your chance to own a beautifully updated, fully licensed triplex in Old South-steps from Wortley Village, parks, shops, and transit. (id:4555)

PROPERTY SPECS

Listing ID X12126523
Address 17 CARFRAE CRESCENT
City London South (South F), ON
Price $1,100,000
Bed / Bath 7 / 3 Full
Construction Brick
Land Size 33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12
Type Triplex
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement FullBasement Features Separate entranceParking 4Amenities Nearby Public TransitCommunity Features Community CentreEquipment Water HeaterFeatures Dry, Flat siteRental Equipment Water HeaterStructure DeckBuilding Amenities Fireplace(s), Separate Electricity Meters, Separate Heating ControlsFire Protection Smoke DetectorsFoundation ConcreteHeating Baseboard heatersHeating Fuel ElectricUtility Water Municipal water Date Listed 2025-05-06 16:01:57Days on Market 5Parking 4

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Thao Thai

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