870 Queens Avenue, London East, ON N5W 3H6
London East, ON N5W 3H6
About this property
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing).
Property facts & features
- Property type
- Triplex
- MLS® number
- X12979630
- Source status
- New
- Bedrooms
- 6
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N5W 3H6
- Parking spaces
- 3
- Garage
- None
- Lot depth (source units)
- 90
- Annual property tax
- 5544
- Basement
- Finished, Full
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $920,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in London East →Listing brokerage: THE AGENCY REAL ESTATE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12979630. Information deemed reliable but not guaranteed.