$829,000
1 / 4
Multiplex
186 Clarence Street
London, N6B 2J7
$399,900
- Bedrooms
- 4
- Bathrooms
- 3
- Interior
- 1,500-2,000 ft²
- Lot
- 25 × 110 ft
- Type
- Multiplex
- On the market
- 10 days
About this home
FULLY RENTED TRIPLEX GENERATING APPROXIMATELY $35,488 IN ANNUAL GROSS RENTAL INCOME! Expand your investment portfolio with this income-producing property in London's historic SoHo neighbourhood. Located close to downtown and the Thames River, 186 Clarence Street offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of the former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, the property generates combined monthly rental income of $2,957.37. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal. With all three units occupied, this triplex offers immediate rental income in a neighbourhood undergoing an exciting transformation!
Features
- Accessory Apartment
- Carpet Free
- In-Law Capability
- Primary Bedroom - Main Floor
- Storage
- Water Heater Owned
- Water Meter
- City
Property details
- MLS® number
- X14144850
- Property type
- Triplex
- Style
- 1 1/2 Storey
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Interior size
- 1,500-2,000 ft²
- Approximate age
- 100+ years
- Lot
- 25 × 110 ft
- Basement
- Separate Entrance, Unfinished
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Sewer
- Sewer
- Parking
- 1 spaces
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Property taxes
- $2,347 (2025)
- Possession
- Flexible
- Cross street
- GREY STREET
- Community
- East K
- Municipality
- London
Location
London, near GREY STREET
186 Clarence Street, London
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$1,771a month
$79,980 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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