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Nick Soloviov

nick@nick.realtor +1(647) 767-6116

$ 399,900

Est. payment -/mo

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Active

186 Clarence ST London East, ON N6B 2J7

4 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East K

MLS Listing ID X14144850

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $2,347

Tax Year 2025

Property Sub-Type Triplex

Property Description

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!

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room Yes

Basement Separate Entrance, Unfinished

Kitchen 3

Interior

Interior Features Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater Owned, Water Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane, Private

Pool None

View City

Roof Type Asphalt Shingle

Lot Frontage 25.0

Lot Depth 110.0

Total Parking Spaces 1

Building

Building Age 100+

Unit Features Public Transit,Rec./Commun.Centre,School Bus Route,Park,River/Stream

Foundation Concrete Block

Others

ParcelsYN No

Listed by CENTURY 21 FIRST CANADIAN CORP

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Nick Soloviov

Real Estate Agent - Landpower Real Estate LTD. RECO 5013486

+1(647) 767-6116

nick@nick.realtor

onlinelistings.homes/

3621 Hwy 7 #403, Markham, ON L3R 0G6, CAN

Nick Soloviov

186 Clarence ST London East, ON N6B 2J7

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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186 Clarence ST