London South, ON N6C 4A8,17 Carfrae CRES
London South, ON N6C 4A8,17 Carfrae CRES
London South, ON N6C 4A8,17 Carfrae CRES
London South, ON N6C 4A8,17 Carfrae CRES
London South, ON N6C 4A8,17 Carfrae CRES
London South, ON N6C 4A8,17 Carfrae CRES
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$ 1,100,000
Est. payment | /mo

7 Beds

3 Baths


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$ 1,100,000
Est. payment | /mo
Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision South F

MLS Listing ID X12126523

Style 2-Storey

Bedrooms 7

Building Age 51-99

Annual Tax Amount $5,537

Tax Year 2024

Property Sub-Type Triplex

Property Description

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.

Location

State ON

County Middlesex

Community South F

Area Middlesex

Rooms

Family Room Yes

Basement Separate Entrance, Full

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Other

Fireplaces Type Electric

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Deck

Parking Features Available, Mutual, Private, Unreserved

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Topography Dry,Flat

Lot Frontage 33.0

Lot Depth 123.0

Total Parking Spaces 4

Building

Unit Features Public Transit,Rec./Commun.Centre

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by CENTURY 21 FIRST CANADIAN CORP
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+1(647) 926-6444

shariq.qureshi@sothebysrealty.ca

#200-125 Lakeshore Road E, Oakville, ON, L6J 1H3, CAN

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17 Carfrae CRES