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For saleMLS® X13555244

174 Clarence Street

London, N6B 2J7

$359,900

Bedrooms
2
Bathrooms
1
Interior
< 700 ft²
Lot
33 × 55 ft
Type
Detached

About this home

Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum.

The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you're a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value.

Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you'll enjoy easy access to downtown amenities, transit, and major employers.

Property details

Property type
Detached
Ownership
Freehold
Style
Bungalow
Property taxes
$1,878 (2026)
Heating
Forced Air, Gas
Cooling
Central Air
Basement
Unfinished, Crawl Space
Parking
1 space
Sewer
Sewer
Lot
33 × 55 ft lot
Time on market
112 days on market

Features

Inside

  • Primary Bedroom - Main Floor

Outside

  • Porch
  • Vinyl Siding
  • Asphalt Shingle roof

Location

Thinking about the area? Read my guide to Downtown.

Estimate your payment

20% down. The minimum on this price is $17,995.

Your monthly payment

$1,594

Mortgage amount
$287,920
Interest over the amortization
$190,148

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.

Listing brokerage: SUTTON GROUP - SELECT REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13555244.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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