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New
17 Carfrae CRES London South, ON N6C 4A8
7 Beds
3 Baths
4,090.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision South F
MLS Listing ID X13770780
Style 2-Storey
Bedrooms 7
Annual Tax Amount $5,901
Tax Year 2025
Lot Size 4090.280 Acres
Property Sub-Type Triplex
Property Description
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.
Location
State ON
County Middlesex
Area Middlesex
Rooms
Basement Separate Entrance, Full
Kitchen 3
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling Other
Fireplaces Number 3
Fireplaces Type Electric
Inclusions All 5 appliances in each unit X3
Exterior
Exterior Feature Deck
Parking Features None
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete
Lited by CENTURY 21 FIRST CANADIAN CORP