Multiplex

17 Carfrae Crescent

London, N6C 4A8

$999,999
Bedrooms
6+1
Bathrooms
3
Interior
1,500-2,000 ft²
Lot
33 × 123 ft
Type
Multiplex
On the market
63 days

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.

Features

  • Separate Heating Controls
  • Separate Hydro Meter
  • Deck

Property details

MLS® number
X13770780
Property type
Triplex
Style
2-Storey
Bedrooms
6+1
Bathrooms
3
Kitchens
3
Interior size
1,500-2,000 ft²
Approximate age
51-99 years
Lot
33 × 123 ft
Basement
Separate Entrance, Full
Heating
Baseboard, Electric
Sewer
Sewer
Parking
4 spaces
Fireplace
Electric
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Property taxes
$5,901 (2025)
Possession
Flexible
Cross street
Grand Ave
Community
South F
Municipality
London

Location

London, near Grand Ave

17 Carfrae Crescent, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$4,428a month

$200,000 down, 4.5%, 25 years

Down payment

%
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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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