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17 Carfrae Crescent, London South, ON N6C 4A8

London South, N6C 4A8

$999,999
7
Bedrooms
3
Bathrooms

About This Home

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.

Facts & Features

MLS® Number X13770780
Price $999,999
Property Type Triplex
Style 2-Storey
Bedrooms 6 above grade, 1 below grade
Bathrooms 3
Lot Size 33 ft × 123 ft
Parking Total 4
Garage / Covered Spaces 1
Annual Property Taxes $5,901
City London South
Listing Brokerage CENTURY 21 FIRST CANADIAN CORP

Location

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Based on this home's list price of $999,999.

20.0% down payment

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of CENTURY 21 FIRST CANADIAN CORP. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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17 Carfrae Crescent, London South, ON N6C 4A8

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