Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location! (id:4555)
PROPERTY SPECS
Listing ID X12162319
Address 186 CLARENCE STREET
City London East (East K), ON
Price $449,900
Bed / Bath 4 / 3 Full
Construction Vinyl siding
Land Size 25 x 110 FT
Type Triplex
Status For sale
EXTENDED FEATURES
AppliancesRefrigerator, Stove, Water Heater, Water meterBasementN/ABasement FeaturesSeparate entranceBasement DevelopmentUnfinishedParking1Amenities NearbyPublic TransitCommunity FeaturesCommunity Centre, School BusFeaturesCarpet Free, LaneStructureShedViewsCity viewFoundationBlockHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-05-21 18:01:32Days on Market26Parking1