186 Clarence Street London East, Ontario N6B 2J7
$449,900
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:39382)
Property Details
| MLS® Number | X12162319 |
| Property Type | Multi-family |
| Community Name | East K |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | Community Centre, School Bus |
| Features | Lane, Carpet Free |
| ParkingSpaceTotal | 1 |
| Structure | Shed |
| ViewType | City View |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Age | 100+ Years |
| Appliances | Water Heater, Water Meter, Stove, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Partially Fenced |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 110 Ft |
| SizeFrontage | 25 Ft |
| SizeIrregular | 25 X 110 Ft |
| SizeTotalText | 25 X 110 Ft|under 1/2 Acre |
| ZoningDescription | R3-1 |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28342567/186-clarence-street-london-east-east-k-east-k
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 21 2025 04:52:57
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp