Multiplex

394 Thiel Street

London, N5W 4P8

$899,900Price changed since it was listed
Bedrooms
8
Bathrooms
3
Interior
2,500-3,000 ft²
Lot
60.07 × 117.3 ft
Type
Multiplex
On the market
247 days

About this home

Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor

Features

  • Countertop Range
  • Floor Drain
  • On Demand Water Heater
  • Separate Hydro Meter
  • Upgraded Insulation
  • Water Heater Owned
  • Water Meter
  • Patio
  • Privacy
  • Porch
  • Garden
  • Panoramic
  • Trees/Woods

Property details

MLS® number
X12869698
Property type
Triplex
Style
3-Storey
Bedrooms
8
Bathrooms
3
Kitchens
3
Interior size
2,500-3,000 ft²
Approximate age
51-99 years
Lot
60.07 × 117.3 ft
Basement
Finished
Heating
Forced Air, Gas
Sewer
Sewer
Parking
7 spaces
Exterior
Brick, Concrete Poured
Roof
Asphalt Shingle
Foundation
Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete
Property taxes
$5,381 (2025)
Possession
Flexible
Cross street
Dundas & Second St
Community
East H
Municipality
London

Rooms

  • Bedroom

    14' × 11' 9"

    Ground

  • Bedroom

    14' × 11' 9"

    Ground

  • Kitchen

    12' × 11' 5"

  • Family Room

    20' × 17'

    Second

  • Bedroom

    14' × 11' 9"

  • Bedroom

    14' × 11' 9"

  • Bedroom

    12' × 12'

  • Kitchen

    12' 4" × 11' 9"

  • Bedroom

    14' × 11' 9"

    Third

  • Bedroom

    14' × 11' 9"

  • Bedroom

    12' 4" × 12'

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

London, near Dundas & Second St

394 Thiel Street, London

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

Mortgage estimate

$3,985a month

$179,980 down, 4.5%, 25 years

Down payment

%
Open the full calculator

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

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