London East N6B 1H1 Ontario
MLS: X12528828
Added 2 hours ago | For Sale
Listed by: CENTURY 21 FIRST CANADIAN CORP
Earn over $2100/mo NET with this fully renovated VACANT triplex in London, ON, is a prime investment opportunity, offering modern finishes, excellent rental income potential, and a strong cap rate of over 8%. Situated on a deep lot with room for future development, this property features three beautifully updated units. Each unit boasts brand-new luxury vinyl plank flooring, stylish kitchens with quartz countertops in one unit, upgraded appliances (in all units), and elegant tiled backsplashes. The main floor unit is bright and open-concept, with direct access to the backyard, in-suite laundry, and a partially finished basement perfect for storage. It was previously rented for approximately $2,000 per month. The second unit is a well-designed studio apartment with contemporary finishes, generating around $1,350 per month. The upper-level unit features a spacious, open layout with two bedrooms and a brand-new shower, previously renting for $2,200 per month. With its turnkey condition, strong rental demand, and potential for additional development, this triplex is a rare opportunity for investors or those looking to live in one unit while renting out the others. Don't miss out on this high-yield property!
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 12 ft, 11 in x 18 ft, 8 in | |
| Kitchen | 12 ft, 1 in x 11 ft, 5 in | ||
| Primary Bedroom | 9 ft, 1 in x 9 ft, 8 in | ||
| Bathroom | 4 Pc Bath | 7 ft, 6 in x 4 ft, 11 in | |
| Primary Bedroom | 12 ft, 5 in x 18 ft, 7 in | ||
| Kitchen | 8 ft, 5 in x 4 ft, 11 in | ||
| Dining Room | 12 ft, 1 in x 7 ft, 3 in | ||
| Bathroom | 3 Pc Bath | 7 ft, 1 in x 11 ft, 3 in | |
| Second | Living Room | 12 ft x 9 ft, 1 in | |
| Kitchen | 12 ft x 9 ft, 2 in | ||
| Bedroom | 11 ft x 9 ft, 1 in | ||
| Bathroom | 7 ft, 5 in x 5 ft, 9 in | ||
| Bedroom 2 | 11 ft x 9 ft, 2 in |
No property rooms available.
