For saleMLS® X13770780
17 Carfrae Crescent
London, N6C 4A8
$999,999
- Bedrooms
- 6 + 1
- Bathrooms
- 3
- Interior
- 1,500-2,000 ft²
- Lot
- 33 × 123 ft
- Type
- Multi-unit
About this home
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.
Property details
- Property type
- Triplex
- Ownership
- Freehold
- Style
- 2-Storey
- Age
- 51-99 years
- Property taxes
- $5,901 (2025)
- Heating
- Baseboard, Electric
- Basement
- Separate Entrance, Full
- Fireplace
- Electric
- Parking
- 4 spaces
- Sewer
- Sewer
- Lot
- 33 × 123 ft lot
- Time on market
- 52 days on market
Features
Inside
- Separate Heating Controls
- Separate Hydro Meter
Outside
- Deck
- Brick
- Asphalt Shingle roof
Location
Thinking about the area? Read my guide to Old South.
Estimate your payment
20% down. The minimum on this price is $75,000.
Your monthly payment
$4,428
- Mortgage amount
- $799,999
- Interest over the amortization
- $528,334
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
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