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$778,000
Available - For Sale
Listing ID: X12052448
This fully renovated VACANT triplex in London, ON, is a prime investment opportunity, offering modern finishes, excellent rental income potential, and a strong cap rate of over 7.5%. Situated on a deep lot with room for future development, this property features three beautifully updated units. Each unit boasts brand-new luxury vinyl plank flooring, stylish kitchens with quartz countertops in one unit, upgraded appliances (in all units), and elegant tiled backsplashes. The main floor unit is bright and open-concept, with direct access to the backyard, in-suite laundry, and a partially finished basement perfect for storage. It previously rented for approximately $2,000 per month. The second unit is a well-designed studio apartment with contemporary finishes, generating around $1,350 per month. The upper-level unit features a spacious, open layout with two bedrooms and a brand-new shower, previously renting for $2,200 per month. With its turnkey condition, strong rental demand, and potential for additional development, this triplex is a rare opportunity for investors or those looking to live in one unit while renting out the others. Don't miss out on this high-yield property!
Price $778,000
Taxes: $3,161.98
Assessment Year: 2025
Occupancy by: Owner
Address: 417 Grey Stre , London East, N6B 1H1, Middlesex
Acreage: < .50
Directions/Cross Streets: Colborne
Rooms: 14
Bedrooms: 4
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 12.92 18.63
Room 2: Main Kitchen 12.10 11.41
Room 3: Main Primary B 9.12 9.64
Room 4: Main Bathroom 7.51 4.95 4 Pc Bath
Room 5: Main Primary B 12.43 18.60
Room 6: Main Kitchen 8.40 4.95
Room 7: Main Dining Ro 12.10 7.22
Room 8: Main Bathroom 7.05 11.25 3 Pc Bath
Room 9: Second Living Ro 12.04 9.09
Room 10: Second Kitchen 12.04 9.18
Room 11: Second Bedroom 10.99 9.12
Room 12: Second Bathroom 7.41 5.74
Room 13: Second Bedroom 2 10.99 9.18
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Main
Washroom 3:  3 Second
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Main
Washroom 8:  3 Second
Washroom 9:  0
Washroom 10:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Garden Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Fenced Yard
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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CENTURY 21 FIRST CANADIAN CORP

417 Grey Stre , London East, N6B 1H1, Middlesex

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Maria Tompson
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Type: Freehold - Triplex
Area: Middlesex
Municipality: London East
Neighbourhood: East K
Style: 2-Storey
Lot Size: x 165.38(Feet)
Approximate Age: 51-99
Tax: $3,161.98
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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