17 Carfrae Crescent, London South, ON N6C 4A8

About this property

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.

Property facts & features

Property type

Triplex

MLS® number

X13770780

Source status

New

Bedrooms

7

Bathrooms

3

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N6C 4A8

Parking spaces

4

Garage

None

Lot depth (source units)

123

Annual property tax

5901

Basement

Separate Entrance, Full

Laundry

Not provided

Interior features

Separate Heating Controls, Separate Hydro Meter

Exterior features

Deck

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

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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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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