1116 Trafalgar St S

Investors, take note! This turnkey triplex is a rare opportunity to own or live in one of the units while enjoying a well-maintained income property in a desirable family-friendly neighbourhood. Fully licensed and fire inspected. Offering three spacious two-bedroom units, the property has been updated with modern kitchens, bathrooms and flooring, as well as updated heating, plumbing, and electrical systems. Roofing was updated in 2019. Projected to generate $40,630 in gross rental income for 2024, with operating expenses estimated at $11,826, the property is set to achieve a net income of approximately $28,804. With its fair market rental potential of $64,200 annually, this property offers both immediate returns and exciting long-term growth potential. Current rents for the middle and lower units are $1,225 per month, including utilities, with reliable, long-term tenants who wish to stay. The recently vacated upper unit provides an excellent option for owner-occupancy or securing a new tenant at market rent of $1,750 or more. On-site coin laundry is available. Additional highlights include ample parking and a private rear yard, all within close proximity to parks, schools, and public transit. Whether youre a seasoned investor or just starting your portfolio, this low-maintenance, high-performing property is an exceptional opportunity.

Fabulous Investment Opportunity To Own This Property Located In The Heart Of Old East London. 4 Vehicle Parking In The Back Alley. On Site Laundry. Main Floor 2 Bd + Den And 4 pc Bath. Upper Unit Is A 1 Bedroom 1 Bath. Both Units Are Leased . 3rd Unit In The Basement Which Is Currently Vacant. Fully Fenced Yard. All Units Come Equipped With Fridge And Stove.

Location, Location, Location! This legal triplex, situated on the south side of London's South Collegiate Institute in the sought-after Old South neighbourhood, offers a prime investment opportunity. The property includes a two-car garage and ample parking space. It features two fully rented two-bedroom apartments and a one-bedroom lower-level apartment. With two separate hydro meters, this property is well-equipped for efficient management.

Explore this great investment opportunity to acquire a legal Triplex in the charming Old East Village! The main floor boasts a spacious 2-bedroom unit, while the upper level features a cozy 1-bedroom unit. Additionally, the property offers shared laundry facilities in the basement and the other 1 bedroom unit. Ample parking space. Noteworthy is the expansive insulated shop/double garage (25 x 30) with 9-foot doors and 10-foot ceilings. Conveniently situated near bus routes, Downtown, numerous dining establishments and bars, excellent schools, and major highways. Don't miss out on this prime investment opportunity!

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait!

A triplex on John Street in the heart of Richmond Row. A bachelor and 2 one bedroom units. Great old house built in 1888. Nice brick, steel roof, laneway access. Separate entrance to the basement. Forced air gas heat. Some newer windows. Bachelor $1195, lower one bedroom $800; upper one bedroom $595. Expenses: taxes $4722.06; heating $4046; insurance $3500. Tenants pay hydro and water. This could be renovated back to a single family home. Lots of potential. Vacant possession guaranteed.

ATTN INVESTORS/MULTIPLE PROPERTIES ALERT/UNDER MARKET VALUE/WORTLEY VILLAGE DUPLEXES AND TRIPLEX! This is a Rare Opportunity to purchase a bundled deal of 3 properties all within a 2km radius of each other in Wortley Village. Not just for investors, this could be for multi gen families or buyers looking to offset their mortgage payments. This is a TRIPLEX in a fantastic location, close proximity to downtown, bus routes, and commercial areas. Beautiful traditional architecture, high ceiling on lower unit with ample parking in rear (enough for 5+). Unit #1 is main floor: 1 bedroom, large living room with historical fireplace, 1 ensuite bathroom, large kitchen, and laundry. Unit #2 is upstairs, 3 bedroom, 1 large bath, large kitchen, and laundry. Unit #3 is a main floor bachelor/studio style with 1 bedroom, 1 bathroom, 1 kitchen, and laundry. Don't forget to check out: 47 Beaconsfield Ave, London (MLS: X9306029) and 22 Bruce St, London (MLS: X9306027)