17 Carfrae Crescent, London South, Ontario N6C 4A8

Listed for:

$999,999

7 beds

3 baths

Listed 19 days ago

Triplex for rent: 17 Carfrae Crescent, London South, Ontario N6C 4A8

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About

Cross Streets: Grand Ave. ** Directions: Turn onto Carfrae Cres from Grand Ave. Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations. (id:27476)

Property Highlights

MLS® Number

X13770780

Type

Multi-family

Community Name

South F

Land Size

33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12|under 1/2 acre

Parking Space Total

Building

Building Type

Triplex

Storeys

2.00

Square Footage

1500 - 2000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Amenities

Fireplace(s), Separate Heating Controls, Separate Electricity Meters Public Transit

Exterior Finish

Brick

Fireplace Present

Yes

Basement Type

Full

Basement Features

Separate entrance

Building Heating Type

Baseboard heaters, Heat Pump

Heating Fuel

Electric

Building Cooling Type

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Location

Learn more about this property

Listing provided by:

CENTURY 21 FIRST CANADIAN CORP

MLS® number:

X13770780

Agent:

Thao Thai

Phone:

(519) 854-4550

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