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142 John St, London, ON

House

Sold

$--,---,---

$674,900

732

MLS® X13745052

Property Details
Map

Description

Turnkey, separately metered triplex steps to downtown London and Western, generating $4, 533 a month ($54, 396 a year) in rental income with a current city rental licence already in hand. This fully self-contained three-unit property offers a spacious main level with 3 bedrooms and hardwood floors renting for $1, 843, a bright upper unit with 2 bedrooms and an eat-in kitchen renting for $1, 395, and a light-filled lower unit with 2 bedrooms and potential rent of $1, 295, seven bedrooms in total. Each unit has its own kitchen, living space, bath, and separate entrance, and with three separately metered hydro units, tenants cover their own utility costs, keeping expenses predictable. The building has been updated over the years, blending original character with practical improvements, and its legal, licensed status with the City of London is a genuine advantage in a market where many comparable buildings are not. Just steps to transit, shopping, restaurants, and Western University, this address checks every box for long-term tenant demand, whether you are growing a portfolio or looking to house-hack with rental income covering the majority of your carrying costs.Show Description

Key Facts

Type Triplex

Levels Residential

Size -

Garage None

Taxes $6,060

MLS® Number X13745052

Central VacNo

FireplaceNo

GarageNone

BasementPartially Finished

DrivewayGarage Type:None

HeatGas, Forced Air

A/CNone

Additional Information

Roofing Shingle

Siding Brick

Sewage System Public Sewer

Landscaping Park

Topography Flat

Price History

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.