17 Carfrae Crescent, London South (South F), Ontario N6C4A8

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.

$999,999
7
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$999,999
MLS®
X13770780
Days on Market
1
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
7
Bathrooms
3
Lot Size Dimensions
33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12
Subdivision
South F

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. (id:5764)

Additional Information

Subdivision
South F
Parking Spaces
4
Fireplaces
3
Country
Canada
Sewer
Sanitary sewer
Community Features
Community Centre
Heating
Heat Pump, Baseboard heaters, Electric
Lot Features
Flat site, Dry
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks