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4
BEDROOMS 3
BATHROOMS 3
KITCHENS 12
ROOMS X13822998
MLSID Contact Us
Property Description
Old East Village, well maintained triplex with long term tenants. Separate meters, ample parking with access to more parking in the rear. Updated electrical and plumbing, front concrete driveway replaced 2025. Opportunity for live-in with income.
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Property Features
Separate Hydro Meter, Private
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Property Details
Address
485 English Street
Community
City
Postal Code
N5W 3T6
Property Type
Triplex, Triplex
Zoning
R3-2
Lot Size
40' x 138'
Taxes
$3,420 (2025
Basement
Partial Basement
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with London Living Real Estate Ltd.
FULLY RENTED TRIPLEX GENERATING APPROXIMATELY $35,488 IN ANNUAL GROSS RENTAL INCOME! Expand your investment portfolio with this income-producing property in London's historic SoHo neighbourhood. Located close to downtown and the Thames River, 186 Clarence Street offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of the former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, the property generates combined monthly rental income of $2,957.37. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal. With all three units occupied, this triplex offers immediate rental income in a neighbourhood undergoing an exciting transformation!
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