For saleMLS® X12869698
394 Thiel Street
London, N5W 4P8
$899,900
- Bedrooms
- 8
- Bathrooms
- 3
- Interior
- 2,500-3,000 ft²
- Lot
- 60.07 × 117.3 ft
- Type
- Multi-unit
About this home
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door.
NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily.
NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Property details
- Property type
- Triplex
- Ownership
- Freehold
- Style
- 3-Storey
- Age
- 51-99 years
- Property taxes
- $5,381 (2025)
- Heating
- Forced Air, Gas
- Basement
- Finished
- Parking
- 7 spaces
- Sewer
- Sewer
- Lot
- 60.07 × 117.3 ft lot
- Time on market
- 236 days on market
Features
Inside
- Countertop Range
- Floor Drain
- On Demand Water Heater
- Separate Hydro Meter
- Upgraded Insulation
- Water Heater Owned
- Water Meter
Outside
- Patio
- Privacy
- Porch
- Brick
- Concrete Poured
- Asphalt Shingle roof
The lot
- View: Garden
- View: Panoramic
- View: Trees/Woods
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Bedroom | Ground | 14' × 11' 9" | |
| Bedroom | Ground | 14' × 11' 9" | |
| Kitchen | 12' × 11' 5" | ||
| Family Room | Second | 20' × 17' | |
| Bedroom | 14' × 11' 9" | ||
| Bedroom | 14' × 11' 9" | ||
| Bedroom | 12' × 12' | ||
| Kitchen | 12' 4" × 11' 9" | ||
| Bedroom | Third | 14' × 11' 9" | |
| Bedroom | 14' × 11' 9" | ||
| Bedroom | 12' 4" × 12' |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $64,990.
Your monthly payment
$3,985
- Mortgage amount
- $719,920
- Interest over the amortization
- $475,449
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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